See what our clients have to say about their experience with Paramax.
We could not have planned or realized a better outcome without Paramax … Our buyer was a large global company with a full team of advisors and diligence teams and specialists. We were impressed with how Paramax managed the process, maintaining a very clear path through a dense heavy maze of hundreds of legal and business questions, responses, and documents … We were also impressed with their financial acuity, focus, and negotiation throughout the process. We achieved the maximum potential financial result, but we were also pleased with the non-financial aspects of the deal … that our company will continue intact, and job security is ensured for 100% of the employees. Paramax worked tirelessly, available seven days a week, throughout the process to ensure the successful completion of the transaction. The buyer, who is active in acquiring companies, mentioned that Paramax stood out amongst the different advisors they’d worked with, and that “this was the smoothest acquisition that they’d ever made.”
David Buonerba
Former Owner, Trans American Customhouse Brokers
You guys and gals did great work for me, and we wound up with a 20% to 25% higher premium price. I was pleased to pay your success fee. Thanks to you all for making it a pleasant experience.
Norm Murray
Former CEO, UC Coatings
I was introduced to Paramax through my attorney. His recommendation was to have an M&A broker represent our company in the sale process. It was one of the best recommendations I have received during my 40 years in business, leading to a very successful sale of three operating businesses.
As a business owner, we focus on running the various business functions, without planning for a sale. Finding potential buyers, business valuation, due diligence preparation and many other aspects are not regular business functions. The value of Paramax to us was to help our management group through each phase of the transaction and obtain the best sale price, deal terms and conditions. Paramax was the right M&A broker for us and the outstanding final deal results confirm that decision.
Sherwood Bollier
Former President, Niagara Cutter
I didn’t need to be convinced to use professionals for the process; I use them for everything else. When I came to Paramax for the first time, I was convinced this was the right firm. They were well equipped to deal with the complex intricacies that had to be handled very specifically, yet others may have not known. I felt they were able to get the most out of the deal. There were lots of curve balls in the process, and Paramax created a strategy around each one of them with every detail brilliantly thought out. Critical timing was perfect, and that only comes from experience. Knowing what not to do is as important as knowing what to do. My advice to others, DO NOT do it yourself; it’s a foolish thing to do.
Steve Zillig
Former Chairman, Jiffy-tite Company
Paramax offers a very important service. Their staff is very welcoming, their infrastructure is beautiful, and their communication was outstanding. Paramax did a great job of providing discipline to the deal, with just the right amount of tough love.
Jeff Binkley
CEO, Buffalo Abrasives, Inc.
I had thought about selling my business myself. Now, after having sold my company, I’m really glad I opted to use a firm. Who would run the company while all this work was being done to run the sell-side process? In our case…setting expectations was especially important. Paramax more than paid for their fees by getting us the right deal structure and, ultimately, negotiating a more lucrative deal than I would have negotiated on my own. Paramax kept the individual members of our advisory teams coordinated, so the deal stayed on track. Their middleman role was crucial.
Rick Muller
Former President, Inergex, Inc.
Our ownership group talked with the Paramax team for a few years prior to selling our business. The time finally arrived where we were ready, the market was ready, and buyers were ready.
Paramax’s professional team made an arduous task at the onset flow smoothly and guided us through the process seamlessly and successfully. We were extremely happy with the results and would recommend Paramax to anyone contemplating the sale of their company.
Laurie Szumla
Vice President, All State Fire & Security
When you sell your own company, you only get one chance to do it right. I would advise anyone looking to sell their business to hire an Investment Banking firm because, unless you’ve been through the process, you don’t understand what needs to be done. When you get into the heat of the battle, so to speak, there is a tendency to answer unasked questions, and that is always a negative for a potential buyer. You must have somebody who represents you well so you can step away and not muddy the water. An Investment Banking professional will ask all the right questions, including the difficult ones. This is why it worked well for us to hire Paramax Corporation and be one step removed but joined at the hip. Throughout the entire sale process, I never wondered what was going on and the Paramax team was easy to get in touch with. I feel confident that Paramax did the best job for us.
Michael Olthoff
Former Owner, Nichols Paper
Columbus McKinnon has worked with Paramax on a number of projects, and our executive team has been very pleased with the results. The bottom line is, with CM Recycling, Paramax’s skilled professionals, industry experience, and proven approach created a highly competitive global transaction process, ultimately delivering results that exceeded our expectations.
Alan Korman
VP Corporate Development, Columbus McKinnon
Paramax acted efficiently and professionally from initial pitch through execution of definitive agreements. They quickly became experts on our business and industry, and were thoughtful and constructive throughout the entire sale process. I am confident no other advisor would have approached in the same way nor achieved a better outcome for all stakeholders.