Is It Time To Sell Your Business? A 5 Part Series

The transition of ownership is one of the most difficult processes to confront an owner of a privately-held business.  Whether the thought has barely crossed their mind or they’re ready now, most owners are not well prepared, since they may encounter a transition of ownership only once in a lifetime. An owner’s decades of experience at … Continued

Paramax Corporation advises Messina Fit Holdings, Inc. on the sale of health clubs operated as World Gym to Crunch, LLC

Paramax Corporation acted as exclusive financial advisor to Messina Fit Holdings, Inc. (“MFHI”) and its subsidiaries on the sale of health clubs operating as World Gym franchises to Crunch, LLC (“Crunch”).  By making this acquisition, Crunch took advantage of the opportunity to acquire five well-established locations within one geographic area, namely in the Greater Buffalo, NY … Continued

Paramax Corporation advises Athletica, Inc. on sale of assets of its Team Cheer business to Victory Team Apparel, LLC

Athletica, Inc. sold assets of its Team Cheer business to Victory Team Apparel, LLC, a subsidiary of Elite Sportswear L.P. headquartered in Reading, PA on December 30, 2016.  Paramax Corporation served as the exclusive financial advisor to Athletica.  By making this acquisition, Team Cheer has joined forces with Victory Team Apparel to create the largest … Continued

Paramax Corporation advises International Chimney Corporation on its sale to Beroa-Dominion

International Chimney Corporation (ICC) was acquired by Beroa Corp., a subsidiary of Global Dominion Access, S.A. headquartered in Spain, on November 17, 2016.  Paramax Corporation through its wholly-owned subsidiary Paramax Securities, LLC, served as the exclusive financial advisor to ICC on this transaction.  The acquisition of ICC, a leading North American service provider for industrial … Continued