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

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 … Continued

Paramax Corporation is pleased to announce the sale of Jiffy-tite Co., Inc. to Oetiker Group

Oetiker Group, of Switzerland, acquired Jiffy-Tite Co., Inc., and all related entities on March 1, 2016. Paramax Corporation through its wholly-owned subsidiary Paramax Securities, LLC, served as the exclusive financial advisor to Jiffy-tite on this transaction. The acquisition of Jiffy-tite, a leading manufacturer of fluid connection parts, allows Oetiker, a $300 million Swiss manufacturer of … Continued

Autoplace Nissan and Infiniti acquired by West Herr Automotive Group

West Hen-Automotive Group has acquired Autoplace Nissan and Autoplace Infiniti in Clarence, NY. Terms of the deal were not disclosed. The locations, which together have about 70 employees, will be rebranded under the West Herr name. Both of the Main Street facilities are expected to be renovated next year. Automotive News ranked West Hen-the No. … Continued