What Paragon Technologies does

Paragon Technologies, Inc. is a diversified holding company headquartered in Easton, Pennsylvania, publicly traded on OTC Markets under ticker PGNT. The company acquires and owns high-quality businesses for the long term, operating as a holding company rather than a private equity firm. Investment and capital allocation decisions are made by CEO Hesham Gad in consultation with the board of directors. The company operates through three wholly-owned subsidiaries across distinct sectors: supply chain automation, IT distribution, and real estate.

The company's operating subsidiaries include SI Systems, a provider of material handling and automation solutions with over 60 years of history serving major U.S. supply chains and e-commerce companies; SED International De Colombia (SEDC), described as one of the largest and fastest-growing technology hardware distributors in Colombia, distributing products from HP, Hewlett Packard Enterprise, Lenovo, Dell, ASUS, and Epson; and Ohana Home Services, a real estate holding entity owning luxury residential condominiums in Las Vegas, Nevada. SED Colombia generates approximately 97% of total revenue (~$139.68M of $144M in 2025), making it the dominant revenue driver. SI Systems sells automation equipment directly to large enterprise clients through field sales, while SED Colombia distributes through wholesale and reseller channels.

The company's revenue model is primarily one-time hardware sales through SED Colombia's distribution business, with additional revenue from SI Systems' automation equipment deployments and Ohana Home Services' rental income. The company reported 2025 revenue of $144M (a 13% YoY increase) but posted a $3.19M net loss driven by one-time litigation costs related to a 2025 governance dispute (proxy contest in which Gad's slate won over 70% shareholder support). Q1 2026 showed an approximate $1.7M operating income improvement through expense reductions, suggesting operational normalization. The company maintains a small headcount of 51-100 employees, reflecting the capital-light holding company structure.

Name

Paragon Technologies

Legal name

Paragon Technologies, Inc.

Website

https://pgntgroup.com

Company type

Public

Founded year

1955

Operating status

Operating

Headcount range

101–250 employees

Short description

Paragon Technologies is a diversified holding company operating three subsidiaries: SI Systems (supply chain automation for U.S. enterprises), SED Colombia (IT hardware distribution in Colombia), and Ohana Home Services (Las Vegas real estate). It is publicly traded on OTC Markets under PGNT.

Ownership category

akta.pro rank

Headquarters

HQ city

Easton

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Supply Chain Automation (SI Systems): SI Systems generates revenue through the sale and deployment of material handling and automation equipment and technologies. Revenue is one-time equipment sales and related services for large enterprise supply chain optimization projects.
2. IT Distribution (SED Colombia): SED Colombia generates revenue as one of the largest technology hardware and services providers in Colombia, distributing IT hardware products from leading manufacturers. This is the dominant revenue driver, representing approximately 97% of total company revenue of $144M.
3. Real Estate Ownership & Services (Ohana Home Services): Ohana Home Services holds real estate assets including luxury residential condominiums in Las Vegas, Nevada, generating rental income and pursuing capital appreciation.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels2 records

Core offering

Paragon Technologies is a diversified holding company that owns and operates three wholly-owned subsidiaries. SI Systems provides material handling and automation solutions that optimize supply chains for large U.S. enterprises and e-commerce companies. SED International De Colombia (SEDC) distributes IT hardware products from brands such as HP, Hewlett Packard Enterprise, Lenovo, Dell, ASUS, and Epson across Colombia. Ohana Home Services holds and manages real estate assets, including luxury residential condominiums in Las Vegas, Nevada.

Product overview

Paragon Technologies is a diversified holding company that acquires and invests in businesses across three distinct sectors. Its wholly owned subsidiaries include SI Systems (a leading material handling and automation solutions provider with over 60 years of experience serving major U.S. supply chains and e-commerce companies), SED International De Colombia (a major Colombian IT hardware distributor), and Ohana Home Services (a real estate holding company). The common stock trades on OTC Markets under PGNT.

Differentiator

Problem solved

Functional benefit

Brands

• SI Systems: Leading provider of material handling and automation solutions with over 60 years of experience enabling businesses to optimize supply chains.
• SED International De Colombia (SEDC)
• Ohana Home Services

Products and services

• SI Systems Material Handling Automation Solutions
• SED International De Colombia (SEDC) IT Hardware Distribution
• Ohana Home Services Real Estate Ownership and Services

Quantifiable outcome

• SED Colombia generated approximately 97% of total company revenue of $144M in 2025
• +2 more outcomes

Named customers7 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

Three partnerships are on record, tiered core and minor.

• SED International Holdings, Inc.coreStrategic or Co-development Partner · 6 March 2017Paragon acquired SED International Holdings, Inc. (March 2017), which became the dominant revenue driver generating approximately 97% of total company revenue of $144M. The subsidiary operates as SED Colombia (SEDC), one of the largest and fastest-growing technology hardware and services providers in Colombia, distributing IT hardware from leading manufacturers.
• United States Postal Service (USPS)minorOthers · 6 June 2016SI Systems won a $2.3 million contract from the USPS in June 2016, demonstrating the subsidiary's capabilities in serving large government clients with automation solutions.
• Innovative AutomationminorStrategic or Co-development Partner · 18 April 2013Paragon acquired Innovative Automation in April 2013, expanding the company's automation capabilities in material handling and supply chain solutions.

Scale indicators9 records

Recent moves5 records

Expansion highlights4 records

Regional players

• Intcomex: Latin America-focused IT products and services distributor headquartered in Miami with operations across the region. Most directly comparable geographic peer to SED Colombia given shared LATAM focus and similar vendor portfolio of global enterprise hardware brands.

Broad incumbents

• WESCO International: Global distributor of electrical, communications, and utility products following the Anixter merger. Comparable to SED Colombia's specialty distribution model and SI Systems' industrial equipment supply chain role.
• TD SYNNEX: Global IT distribution leader formed by the merger of SYNNEX and Tech Data. Directly comparable to SED Colombia's distribution of PCs, laptops, servers, peripherals, and networking gear from manufacturers like HP, Dell, and Lenovo.
• Ingram Micro: One of the world's largest IT distributors, offering hardware, software, and services globally. Directly comparable to SED Colombia's IT distribution business model, though at vastly larger scale and broader geographic reach across enterprise and channel partners.
• Berkshire Hathaway: Diversified holding company acquiring and operating businesses across industries under long-term ownership. Comparable to Paragon's stated holding company model of acquiring and owning high-quality operating businesses for the long term with operator-led management.
• Loews Corporation: Diversified holding company with operating subsidiaries across insurance, energy, hospitality, and manufacturing. Comparable corporate structure to Paragon as a small-cap diversified holding company managing wholly-owned operating businesses across unrelated sectors.

Direct peers

• Swisslog: KUKA-owned provider of warehouse automation and intralogistics solutions including conveyors, AS/RS, and robotics. Comparable to SI Systems' material handling automation offerings for enterprise supply chains.
• Dematic: Global leader in material handling automation, intralogistics, and supply chain solutions owned by KION Group. Directly comparable to SI Systems' warehouse and supply chain automation equipment business, though at much larger scale and broader product range.
• Honeywell Intelligrated: Honeywell's warehouse automation division offering conveyor systems, sortation, robotics, and software. Directly comparable to SI Systems' automation solutions for major U.S. supply chains and e-commerce customers.
• ScanSource: Specialty technology distributor covering POS, barcode, networking, and physical security solutions. Comparable to SED Colombia as a value-added IT distributor serving enterprise and mid-market resellers with similar hardware categories.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks1 record

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/paragon-technologies-inc.

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Paragon Technologies