Paramax Corporation is founded based upon the needs of business owners for sophisticated, qualified M&A advisory services in the lower middle-market.
Russell D’Alba, divests of his interests in a leading regional CPA firm, to focus exclusively on representing sellers in strategic sell-side transactions in the middle-market.
Timothy Minneci, Managing Director, joins Paramax Corporation. Prior to coming to Paramax, he was President of the US subsidiary of Williams Holding PLC, a publicly-traded company headquartered in the UK. Additionally he engineered an industry concentrated, strategic roll-up on a global scale.
Paramax Corporation achieves annual transaction closing values of $1 billion.
Paramax Corporation augments its key industry relationships on a worldwide basis by becoming a member of Globalscope Partners Ltd., an international M&A network founded in London in 1987, currently with more than 500 professionals in over 40 countries.
Paramax Corporation expands its geographic presence with the opening of a new office in Rochester, NY.