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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”) ( 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 the workforce. Since inception, Grant has advanced the careers of millions of individuals and partnered with over 50,000 businesses nationwide.

The buyer, Advanced Personnel Management (“APM”) ( is headquartered in Australia and is one of the world’s leading human services organizations.  APM is highly acquisitive and the acquisition of Grant will bolster and expand its North American Operations, which includes Ross Innovative Employment Solutions in the United States and WCG Services in Canada.  APM is a portfolio company of Madison Dearborn Capital Partners.
Paramax Corporation was the exclusive M&A advisor to the seller in this transaction. Paramax is a FINRA-registered investment banking firm focused on advising companies and shareholders in sell-side M&A transactions to strategic buyers at after-tax optimized prices. Paramax is headquartered in Williamsville, NY with an International reach through its partnership in Globalscope Partners Ltd., a group of international corporate finance and business advisors operating globally to support M&A transactions.