1 September 2021
Paragon joins as new shareholder of Questel
Paragon invests in Questel alongside existing shareholders Eurazeo Capital, IK Investment Partners, RAISE Investissement and the management team.
Paragon, together with its co-shareholders, will support the Questel management team to further pursue its growth strategy in the IP software and service market. The recent acquisitions of NovumIP and Morningside further enhance Questel’s global presence and service offering across the full IP value chain.
Krischan von Moeller, Managing Partner of Paragon, said: “We are excited to join Questel’s journey and to work with Charles Besson and his team throughout the next stage of growth. Questel is a high-potential tech company with the ability to innovate and continuously drive the quality of their solutions in a growth market.”.
“Following the successful combination of PAVIS and Novagraaf to form NovumIP, we are extremely proud to continue our commitment in backing the merger with Questel, the leading global provider of end-to-end IP solutions.” Max Moser von Filseck, Principal at Paragon added.
Questel’s mission is to facilitate the development of innovation in an efficient, secure, and sustainable way. Questel is a true end-to-end intellectual property solutions provider to more than 15,000 clients and one million users across 30 countries. The company offers a comprehensive software suite for searching, analyzing, and managing inventions and IP assets. Questel also provides services throughout the IP lifecycle, including prior art searches, patent drafting, international filing, translation and renewals. These solutions, when combined with its IP cost management platform, deliver clients an average savings of 30-60% across the entire prosecution budget. Find out more at www.questel.com.
Paragon is one of the leading independent private equity firms in Europe with more than €1.2 billion of equity under management. Paragon works closely with portfolio companies to achieve sustainable growth and operational excellence. The investment portfolio covers various industries and currently comprises 14 companies. Paragon was founded in 2004 and is based in Munich, Germany. For further information please refer to www.paragon.de.