Hayfin on the Acquisition Financing of WEKA by Paragon
Shearman & Sterling advised Hayfin Capital Management, the lender, on the financing for Paragon Partners’ acquisition of WEKA Firmengruppe, a leading provider of technical information, software, training and services.
WEKA was founded by Werner and Karin Mützel in 1973 as a specialized management and industry publisher. In the last few decades, WEKA has evolved into a diversified media group and become a market leader with its range of technical information and formats. The WEKA corporate group is headquartered in Kissing (Germany) and comprises 23 companies in Germany, Austria, Switzerland and France. WEKA employs a total of 1,500 people.