Power 250: It’s kickoff time for the 9th annual list of leaders

Congratulations to Russell D’Alba, President of Paramax Corporation, for being named to the Power 250 List, a list of the 250 most influential people in the WNY business community, for the second year in a row. With Russ at the helm, Paramax has closed more than 350 transactions, ranging from $5 million to $500 million, since … Continued

Paramax advised Work Tools International, Inc. (D/B/A Whizz Rollers) and its sister company, Elder & Jenks, on the sale of their businesses to Behr Paint, a division of Masco Corporation.

About the Transaction Work Tools International, Inc. (“WTI”) (whizzrollers.com) is a leading manufacturer of professional and DIY paint brushes, rollers, and accessories. WTI, which is best known by its trade name ‘Whizz Rollers’, operates multiple manufacturing facilities in both the US and overseas, and has established long-term relationships with top-tier professional distributors as well as … Continued

Paramax Corporation is Pleased to Announce the Promotion of Nicholas Morreale to Director ​​​​​​​

Paramax is pleased to announce the promotion of Nicholas Morreale to Director. Throughout his time at Paramax, Nicholas has become a key contributor to the success of the organization. With his technical experience and commitment to client service, Nicholas has become one of the leaders within the Paramax Process Team. Additionally, Nicholas is a common … Continued

Paramax advised Deal Partners, LLC on the sale of its business to a consortium of Investors.

About the Transaction Deal Partners, LLC (dealpartners.com) (“Deal Partners”) is a Florida, Texas, and New York based e-commerce re-marketer of distressed, refurbished, and end-of-life-cycle electronic merchandise selling through some of the world’s top retailers, including eBay, Amazon, Walmart, and Newegg. Product categories include computer and mobile technology, appliances, and audio/video technology. Deal Partners also serves … Continued

Paramax advised Prodos Capital, Graycliff Partners LP, and Pine Street Capital Partners on the sale of Wood Pro Inc., to Horizon Forest Products, a subsidiary of Baillie Lumber Co., Inc.

About the Transaction Wood Pro Inc. (“Wood Pro”) (woodproinc.com) is a leading distributor of hardwood flooring and other related flooring products, primarily to the professional markets. The Company serves its diverse customer base of flooring dealers, flooring contractors, general contractors, and consumers utilizing its robust footprint throughout the Northeastern and Southeastern United States, and nationally … Continued

Paramax advised All State Fire & Security on the sale of its business to APi Group, Inc.

About the Transaction All State Fire & Security (“All State”) (allstatefirewny.com) is a leading provider of fire safety and security products and services in the Northeast US, including the design, installation, service, and inspection of fire suppression systems, sprinkler systems, and security and fire alarm systems and monitoring. The Company serves customers in a variety … Continued

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