We represented NN, Inc. (Nasdaq: NNBR) in the acquisition of Paragon Medical, a private equity backed medical device manufacturer, for $375 million. Paragon Medical focuses on the orthopedic, case and tray, implant and instrument markets.
NN, Inc., a diversified industrial company combines advanced engineering and production capabilities with in-depth materials science expertise to design and manufacture high-precision components and assemblies for a variety of markets on a global basis. NN has 51 facilities in North America, Western Europe, Eastern Europe, South America and China.
This transaction was named a winner in the “Healthcare and Life Sciences Deal of the Year (Over $100MM-$1B)” category at the 17th Annual M&A Advisor Awards in 2018. It had been recognized as a Finalist, along with three other deals involving Bass, Berry & Sims, for the 2018 M&A Advisor Awards.
This deal also was recognized by Global M&A Network at the 2018 M&A Atlas Awards as the USA M&A Deal of the Year – Middle Market Segment.