ParagonX Holdings Closes Major Acquisitions Adding $60 Million in New Annual Revenue
The non-dilutive acquisition should create over $60 million in annual revenues and over $8 million in EBITDA based upon the historical performance of the companies being acquired and expected revenue from ParagonX's other subsidiaries, including Hospitality Renovation Services (HRS).
- The non-dilutive acquisition should create over $60 million in annual revenues and over $8 million in EBITDA based upon the historical performance of the companies being acquired and expected revenue from ParagonX's other subsidiaries, including Hospitality Renovation Services (HRS).
- "I am very excited to begin this journey in the public space after years of building strong foundational businesses in the private sector.
- This acquisition not only brings in well capitalized growth companies but will also allow ParagonX to scale our rapidly growing majority-owned subsidiary, HRS.
- ParagonX is a platform land development and construction company with multiple subsidiaries as outlined in its respective OTC filings.