June 10, 2021
Woodbridge International, a global mergers and acquisitions firm, is pleased to announce the acquisition of its client, Paragon Corvette Reproductions Inc., by Legendary Companies & Irving Place Capital.
Paragon Corvette Reproductions located in Swartz Creek, MI, is a leading retailer and distributor of original, out-of-production branded parts for vintage C! – C-3 Corvettes. Originating in 1970, they became one of the first companies to reproduce discontinued Corvette parts.
Legendary Companies headquartered in Chattanooga, Tennessee is the leading manufacturer and supplier of collector car and motorcycle tires and wheels that includes Coker Tire, Wheel Vintiques, Universal Vintage Tire, Phoenix Race Tires, Specialty Wheel and Roadster Wire Wheel, Vintage Wheel Works, PS Engineering brands, and German tire distributor MOR (Münchner Oldtimer Reifen) GmbH.
Irving Place Capital founded in 1997, has invested in over 60 portfolio companies. The firm focuses on making control or entrepreneur-driven investments where it can apply its substantial operating and strategic resources and expertise to enhance value.
Woodbridge International’s ground-breaking approach to marketing a company globally has transformed the way the sell-side M&A industry does business.