International customer communications leader Paragon Group acquires Docsellent GmbH
Paragon Group (“Paragon”), one of Europe’s leading providers of Customer Communications, Identification and Graphics services, is delighted to announce the acquisition of Docsellent GmbH (“Docsellent”), one of the leading providers of physical and electronic document output in Germany.
The transaction, agreed in recent weeks with the owners of Docsellent, increases Paragon’s presence in the document and transaction management market in Germany, and is a further expansion of its Customer Communications division internationally.
Docsellent currently offers its customers innovative solutions in the field of digital customer communications. Being part of the Paragon Group allows Docsellent to offer its clients a significantly broader portfolio of services, along with access to a growing European network. In addition to innovative solutions for campaign management, data analysis, customer insight, Paragon provides outsourcing and automation for business processes for inbound and outbound customer communications.
"The acquisition by Paragon continues our development as a leading customer communications service provider. Docsellent has established itself in recent years and provides the foundation for Paragon’s expansion into the German document and transaction management market," said Thomas Simon, Managing Director of Docsellent. "Paragon has made a strategic decision to invest in us, owing to our growth and success. Paragon is an owner-managed company with an outstanding range of solutions - the ideal partner for us to further develop Docsellent," added Philippe Coquelet, also Managing Director of Docsellent. Philippe Coquelet and Thomas Simon will continue the joint management of Docsellent following the acquisition by Paragon.
Chief Operating Officer of Paragon Group, Seán Shine says, "Paragon is already in a leading position for transactional communications in the UK and France. The acquisition of Docsellent in Germany builds on our strong existing direct marketing business. The excellent customer base and technological performance of Docsellent aligns effectively with Paragon and together, will drive our growth in Germany and allow us to serve our customers to the highest standard."
John Rogers, VP of Corporate Development at Paragon added, “We are delighted to acquire Docsellent as part of our strategy to build our presence in the sector in Germany. We continue to look at other opportunities to grow our business in the region.”
Excellent document processing: Individual, fast and professional. Solutions that are always flexible, efficient and secure, thanks to state-of-the-art IT technology and high data protection standards. This is Docsellent. Docsellent offers tailor-made solutions for the outsourcing of document processing - both printed and electronic. Thanks to decades of experience, optimized processes and the highest level of processing, Docsellent clients place their data in the best hands.
For more information, visit www.docsellent.com
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