Paragon Interiors Group sold out of administration

Alan Hardy

Paragon Interiors Group, the stricken fit-out firm owned by Notts County chairman ALan Hardy, has been sold.

Leonard Curtis Business Rescue & Recovery has confirmed that Joint Administrators – Sean Williams, Richard Pinder and Alex Cadwallader – have completed the sale of certain assets of Paragon Interiors Group to an unconnected third party, Elev8 Interiors.

Pinder said: “We are pleased we could deliver a sale to Elev8, who are a highly regarded operator in the industry. Elev8 and the team are committed to restoring the reputation of Paragon, which might involve some recruitment of former Paragon staff members.

“We would like to thank the team at Elev8 led by Jon Singh and Bevan Hancock and also thank Paragon’s former employees for supporting the Joint Administrators throughout the last six weeks.”

Jon Singh, managing director at Elev8 said: “We are a multi-award winning company and have a clear vision now we have secured the purchase of Paragon. We have worked hard to establish ourselves in the marketplace, working with blue chip clients such as Coca Cola, Softbank and Heineken, to name a few. With a combined total of 53 years’ experience between the two companies we are confident and excited about the future.”

The deal comes after an a takeover collapsed last month (March) with all staff being made redundant and a week after Hardy said he had been approached  to form a new fit-out company.

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