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Posted on: Dec. 13, 2016, 2:58 p.m.
The Chicago-based private equity firm is acquiring Paragon Films Inc. just weeks after selling off its majority interest in plastic bag maker Novolex. Founded by Mike Baab in 1988, Paragon has locations Broken Arrow, Okla.; Taylorsville, N.C., and Union Gap, Wash. Paragon makes stretch films “principally used to unitize loads while in storage and transit,” the new owners said. Full investment news articleRelevent to this post: TPG The Carlyle Group,