Troutman Pepper Advises AMETEK on $1.9B Acquisition of Paragon Medical

PHILADELPHIA – Troutman Pepper client AMETEK, INC., a leading global manufacturer of electronic instruments and electromechanical devices, recently announced that it has entered into a definitive agreement to acquire Paragon Medical, a provider of engineered medical components and instruments, from affiliates of American Securities LLC in an all-cash transaction valued at about $1.9 billion. Read a company press release about the acquisition.

Paragon Medical serves a wide range of specialty applications including orthopedics, minimally invasive surgery, robotic surgery, and drug delivery. Paragon’s product portfolio includes single-use and consumable surgical instruments and implantable components sold to a diverse blue-chip customer base of leading medical device manufacturers.

A multidisciplinary team advising AMETEK was led by Deborah Spranger and Erica Wilson, and included Courtney Goins, Chelsea MacArthur, Joan Arnold, Barbara Sicalides, Michael Crumbock, Brianna Hourihan, Stefanie Brennan, Gregory Narsh, Jessica Rothenberg, Deborah Enea, Mike Jones, Judy O’Grady, Erin Whaley, Kevin Miserez, Brent Hoard, Mitch Carnes, Nina Dhillon, Emily Harmon Newcomer, Julian Weiss, Maria Kennison, Bella Roman, and Dawn Hall.

Consistently recognized as a top-tier national practice, Troutman Pepper’s corporate attorneys regularly handle multimillion- and multibillion-dollar transactions. Core areas of service include domestic and cross-border mergers and acquisitions, capital markets transactions, corporate governance, securities laws compliance, and corporate finance. The firm has particular expertise in the private equity and private fund services space, advising clients on matters from fund formation to investments and exit transactions.

About Troutman Pepper
Troutman Pepper is a national law firm with more than 1,200 attorneys strategically located in 23 U.S. cities. The firm’s litigation, transactional, and regulatory practices advise a diverse client base, from startups to multinational enterprises. The firm provides sophisticated legal solutions to clients’ most pressing business challenges, with depth across industry sectors, including energy, financial services, health sciences, insurance, and private equity, among others. Learn more at troutman.com.