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Friday, March 08, 2024 7:13:54 PM
ParagonX Holdings Reaches Agreement on Major Acquisition Adding up to $60 Million in New Annual Revenue
PR Newswire
Fri, Jun 9, 20234
CHARLOTTE, N.C., June 9, 2023 /PRNewswire/ -- The company announced it had finally reached a definitive agreement with a significant infrastructure company to add up to $60 million in annual revenue, the first phase of a multi-phase series of transactions. "We started this process when Russ and Bob brought me in as Chief Executive over two years ago. I made announcements of our intention to become a significant infrastructure company through major acquisitions, fought through delays and difficult capital and interest rate environments, but never gave up on the long-term strategy to deliver as promised to our shareholders and investors," Kevin V. Cox, Chief Executive Officer stated.
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