Paragon Group, a provider of customer communications, identification, graphics and business services, has announced the acquisition of OfficeTeam and ZenOffice. The acquisition of ZenOffice requires approval by the UK FCA. 

The purchase of these businesses will further strengthen Paragon’s business services capabilities and the OfficeTeam Companies within Paragon will continue to be led by CEO Steve Horne. 

Sean Shine, CEO of the Paragon Group said, “we are delighted to welcome OfficeTeam and ZenOffice to the Paragon Group, adding their expertise to our growing range of Workplace Solutions and Business Services. Paragon continues to assess markets to ensure we align our service offering with our customer demands and this acquisition addresses existing customer requirements. Operationally and financially, Paragon is a strong, disciplined and ambitious company and prides itself on being customer-focused. Together, we deliver the future of Workplace Solutions and Business Services."

Steve Horne, CEO of OfficeTeam added, “growing to meet the changing needs of our customers has always been our key priority, therefore becoming part of Paragon Group is an exciting opportunity for the business and for our customers, as we will now be able to provide even greater supplier consolidation and operational cost optimisation at a time when our customers need it most. 

“The OfficeTeam capabilities and solutions complement well with the Paragon Group, the acquisition enables us to move at pace to accelerate our strategic roadmap and bring new innovation for our customers. We look forward to sharing these exciting developments with our customers in the coming weeks and months.”