Arma Partners is pleased to announce that it has acted as financial advisor to ECI Partners on its investment in Paragin, marking a successful exit for Main Capital Partners.

Paragin is the leading provider of exam & assessment software solutions, delivering an integrated suite of products across the entire learner lifecycle. In the last five years, Paragin has developed from a domestic Dutch player to become the Benelux market leader, with a rapidly expanding international footprint. Headquartered in Nijkerk, Netherlands, the company employs approximately 120 professionals, who together serve a loyal and diverse base of approximately 1,250 end customers across 20+ countries in Europe and beyond.

ECI’s investment will support Paragin in accelerating its next phase of international growth in a rapidly expanding digital exams & assessment software market. Following several successful acquisitions in recent years, Paragin has established a proven M&A playbook and M&A will continue to be a key feature of its future growth strategy.

This transaction underscores Arma Partners’ deep expertise in vertical software and Education Technology and reaffirms our position as a trusted advisor to leading private equity firms across Europe.