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