- Learn More
Our Private Equity Group provides trusted counsel derived from deep industry knowledge to established as well as up-and-coming private equity firms. We represent firms of every size across the spectrum of investment strategies, and we build long-standing relationships with our clients. As active participants in the private equity industry, we are able to advise our clients on the latest innovations, as well as current market practices and trends.
Wellspring Capital Management Sells Paragon Films
- Client News
- December 23, 2021
Paul, Weiss advised New York-based private equity firm Wellspring Capital Management Group LLC in the sale of its portfolio company, Paragon Films, Inc., to Secure Acquisition Inc., a subsidiary of Rhone Capital Group. Financial terms of the transaction were not disclosed.
Paragon is a leading manufacturer of high performance stretch films for transit packaging distributors serving the food and beverage, consumer products, logistics and industrials end markets, among others.
The Paul, Weiss team included, among others, corporate partners Angelo Bonvino, Michael Vogel and Thomas de la Bastide and counsel Christopher Poggi; tax partner Lindsay Parks; intellectual property partner Claudine Meredith-Goujon; real estate partner Peter Fisch; environmental counsel William O’Brien; litigation counsel Steven Herzog; and antitrust counsel Marta Kelly.