Paramax Participates in the Globalscope Worldwide Virtual Conference

Written by: John D. Hawkins Senior Vice President, Paramax Corporation Paramax Corporation is a member of Globalscope Partners Ltd. (www.globalscopepartners.com), an international M&A network with 55 firms in 48 countries. Globalscope is a leading group of corporate finance and business advisors supporting clients in domestic and international transactions. Globalscope’s focus is on M&A and managing … Continued

Paramax Corporation advised Towne Automotive Group (“Towne”) on the sale of Towne Alfa Romeo and Towne Maserati franchise operations to Maranello Sports USA Inc. ​​​​​​​

About the Transaction Towne Automotive Group, led by Franklin G. Downing, Jr., has been one of Western New York’s most widely recognized and trusted automotive groups for more than 50 years.  Towne will continue to own and operate 15 brands of new vehicle franchises throughout WNY.  Towne prides itself on delivering a customer experience which … Continued

Paramax advised on the sale of D.B. Grant Associates, Inc. to Advanced Personnel Management, a portfolio company of Madison Dearborn Capital Partners ​​​​​​​​​​​​​​

About the Transaction D. B. Grant Associates, Inc. (“Grant”) (www.grantassociatesinc.com) is an award-winning national workforce development and placement company, which supports government workforce development programs on federal, state, and local-levels. With deep strategic partnerships that include Fortune 500 businesses and government agencies, the Company is highly successful in collaboratively training, developing, and placing individuals into … Continued

Paramax advised Alexis Russell Jewelry, Inc. on the sale of a portion of its business to Gemini Investors and Pine Street Capital Partners. Paramax served as the exclusive M&A advisor to Alexis Russell Jewelry, Inc. on this transaction. ​​​​​​​

About the Transaction Alexis Russell Jewelry, Inc. (www.alexisrussell.com), is a leading multinational designer and manufacturer of modern, branded jewelry, with a product emphasis on engagement rings and fine jewelry. The Alexis Russell brand has built a unique niche in the jewelry industry by differentiating itself from traditional competitors by catering to the Millennial generation by … Continued

Paramax advised Southern Tier Municipal & Construction Supply Co., Inc. on its sale to Jamestown Macadam, Inc.

About the Transaction Southern Tier Municipal & Construction Supply Co., Inc. (STS) is a leading supplier of products and services to the construction, industrial, commercial, and municipal markets. Having served its customers for over 35 years, STS’s stellar reputation for customer service, quality, and responsiveness has been the foundation for its growth and success. The … Continued

Paramax advised SealMaster Pavement Products & Equipment of Buffalo, Rochester, and Syracuse on its sale to a Private Investment Group.

About the Transaction SealMaster Buffalo, Rochester, and Syracuse, (collectively known as “Jet Black Sealers”) was founded during the late 1970s, and serves premier contractors throughout Western New York, Central New York, the Finger Lakes Region, and Central New York. Jet Black Sealers was second generation family owned, and the sale was driven by the current … Continued

Paramax Expands its Team, Adding Sam Messina as Director of Business Development

Paramax is pleased to announce the addition of Sam Messina as Director of Business Development. Sam has been providing outstanding wealth management and financial planning advice to individual and business clients for 39 years. Prior to joining Paramax, Sam held various notable positions such as Managing Director at UBS Group Inc.; President of McDonald Investments, … Continued

Post-COVID Analytical Tool

Given the unprecedented nature of this pandemic, and the impact it may have on your business, it is imperative to be able to communicate to prospective buyers and investors the “Post-COVID” anticipated performance of the subject company. Consequently, Paramax has developed a unique and proprietary analytical tool to measure and report on this short-term anomaly. … Continued

Pandemic will lead to opportunities for some industries, businesses

The mergers and acquisition market could see a boom post COVID-19, with new opportunities for firms that took a front seat during the global pandemic, area experts say. Companies looking to complete such deals may take into account either the scope — the products or services a business offers — or scale/size of these businesses … Continued