Paramax Corporation advises Biel’s Information Technology Systems Corporation on its sale to lnStream, LLC

Biel’s Information Technology Systems Corporation was acquired by lnstream, LLC in August 2016. Paramax Corporation served as the exclusive financial advisor to Biel’s on this transaction. The acquisition of Biel’s, a regional leader in document management services, allows lnstream, a national document management services group, to expand its market reach into the Northeast. The Company will continue to operate from its current location in West Seneca, New York.

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About Biel’s

Biel’s Information Technology Systems Corporation and is a leading regional document management company providing document conversion services, distribution & maintenance of leading branded document conversion software and equipment, vault storage, and other services.

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