Paragon Solutions Group, Inc.

JD Ford & Company is pleased to have served as the exclusive financial advisor to Paragon Solutions Group, Inc. in its sale to Forsythe Solutions Group, Inc. Paragon, an Inc. 500 company and one of the fastest growing IT Services companies in the U.S., specialized in IBM server and storage solutions.  The 6 year old company was founded by Haydn Hirstine, to bring his innovative sales and service model to a highly competitive sector.

With 2008 revenues of $52 million and more than 20 employees, Paragon Solutions Group has grown rapidly since its founding. This past April, IBM awarded Paragon the prestigious 2008 Beacon Award for Outstanding IBM Power Systems Solutions. In 2007, Paragon was recognized on Inc. Magazine’s list of Fastest Growing Private Companies, ranked number 288 of 500. In addition to IBM, Paragon is a partner to and integrator for Network Appliance, VMware and CiRBA.

Forsythe Solutions Group, Inc., a wholly-owned subsidiary of Forsythe Technology, Inc., a leading IT infrastructure integrator.  They intend to leverage Paragon’s innovative model across its broader footprint in the US. Forsythe is focused on taking care of its clients’ infrastructure solution needs across a variety of technology challenges. This acquisition enhances Forsythe’s ability to provide IBM server and storage products and services.