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MainCapital Sells Paragin to ECI Partners in Education Software Deal

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Main Capital has sold Paragin, a provider of software services for exam and assessment workflows, to ECI Partners. The transaction involves Paragin's offerings serving vocational and higher education institutions, exam bodies, and commercial education providers. ECI Partners, a private equity firm, acquired the company, though financial terms were not disclosed. Paragin specializes in supporting complex assessment processes, indicating a strategic move into the education technology sector by the buyer. This deal highlights continued private equity interest in niche software providers within regulated industries like education and testing. ECI Partners has a history of acquiring companies in the education and professional services space, suggesting this acquisition aligns with their portfolio strategy.