Founded in 1988 and headquartered in Broken Arrow, OK, Paragon is a manufacturer of high-performance stretch films for transit packaging distributors serving the food and beverage, consumer products, logistics and industrials end markets, among others. Paragon manufacturers a variety of premium quality, 100% recyclable hand- and machine-stretch films that offer superior load containment and puncture resistance to packaging distributors and end users. Paragon’s proprietary formulations and culture of technical expertise have established the company as a leading stretch-film maker in North America.
John Morningstar, a Managing Partner at Wellspring who leads the firm’s investment effort in the packaging sector, says, “Our partnership with Paragon represents an exciting opportunity to build on Wellspring’s track record in the packaging space. The company has an impressive reputation as one of North America’s premier stretch film manufacturers by offering customers a superior product coupled with tangible cost savings. We are very excited to partner with the management team, led by Darin Tang, to support Paragon through its next phase of growth.”