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PARAGIN GROUP

Acquired by

ECI PARTNERS

NETHERLANDS Education / EdTech & Content REV 1m EUR - 100m EUR 02/2026

Target

PARAGIN GROUP

Acquirer

ECI PARTNERS

Context

This transaction represents a secondary leveraged buyout wherein ECI Partners acquires a controlling majority stake in Paragin Group. The operation successfully orchestrates a full realization and complete exit for the historical financial sponsor, Main Capital Partners, which had robustly scaled the enterprise during its tenure. Crucially, the incumbent executive management team of Paragin Group is significantly reinvesting to retain a substantial minority stake, ensuring total strategic alignment and operational continuity. The newly formed partnership is explicitly designed to heavily finance the target's next major phase of international growth and fuel ongoing consolidation efforts within the global educational technology sector.

PARAGIN GROUP, which reported an EBITDA margin of LOGIN in 2026, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Retail & Consumer sector (10.9x).

Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.

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Target

Paragin Group is a leading provider of exam and assessment software solutions, supporting high-stakes workflows across the entire learner lifecycle. Developing from a domestic market leader into an international player, the enterprise serves a diverse, loyal customer base spanning vocational and higher education, dedicated exam institutions, and commercial education providers worldwide. Its integrated software suite is purpose-built to empower both learners and educators by streamlining complex assessment workflows across the entire learner lifecycle. Supported by a proactive buy-and-build strategy, the firm continuously integrates new capabilities to solidify its market dominance and broaden its accessible, innovative digital learning solutions.

Ent. Value

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Equity Value

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Multiples Analysis

EV / Revenue

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EV / EBITDA

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EV / EBIT

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Historical Financials (EUR)

Year
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EBITDA
EBIT
2026
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2025
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Other operations with PARAGIN GROUP

REFERENCES

Authors: mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Press release: view release

Target: paragin group

Acquirer: eci partners