Concord Holdings acquires Paramount Placement with Route 2 Capital Partners financing

Rithm Capital Acquires Paramount Group (PGRE) for $1.6 Billion

December 19, 2025

Real Estate

Rithm Capital Corp. completed its previously announced acquisition of Paramount Group, Inc., a vertically integrated REIT owning Class A office properties in New York City and San Francisco. The transaction expands Rithm’s integrated owner-operator asset management platform and increases its commercial real estate footprint.

Route 2 Capital Partners Announces Nine Investments and Receives Second SBIC License

January 19, 2024

Financial Services

Route 2 Capital Partners announced it completed nine investments in 2023 and received its second Small Business Investment Company (SBIC) license, bringing its assets under management to over $450 million. The firm said the new license will allow it to continue providing flexible junior capital solutions to lower middle-market companies, primarily in the southern United States, and to expand its platform investments and team in 2024.

CPC Acquires Paramount Apparel International

January 7, 2022

Manufacturing

CPC, LLC has acquired Paramount Apparel International from the company's founding families. Paramount, founded in 1929 and known for its Imperial headwear brand and Global Brand Solutions division, employs over 500 people across six Missouri facilities; the founding families retained ownership at the Paramount level and received an ownership interest in CPC.

Empowered Ventures Acquires Paramount Plastics

December 13, 2021

Manufacturing

Empowered Ventures, an employee-owned holding company based in Carmel, Indiana, has acquired Paramount Plastics, a custom thermoforming plastics manufacturer headquartered in Elkhart, Indiana. The transaction transfers ownership to Empowered Ventures' ESOP as part of a founder succession plan, with Paramount's employees joining the employee-ownership program.

Park Place Technologies Acquires Hardware Maintenance and Data Migration Assets from Congruity360

September 15, 2021

IT Services

Park Place Technologies has acquired the third-party hardware maintenance, data migration services and new hardware sales assets from Congruity360. The asset purchase expands Park Place’s professional services and data migration capabilities for enterprise customers while Congruity360 retains its information governance and software business.

Stonebridge Partners Recapitalizes Paramount Mechanical Corp.

March 11, 2021

HVAC & Mechanical

Stonebridge Partners completed a recapitalization of Paramount Mechanical Corp., partnering with founder Mark Cronin and management while receiving subordinated debt and equity from Midwest Mezzanine Funds, Caltius Structured Capital, 747 Capital and other investors. Debt financing for the transaction was provided by Truist Bank and Midwest; the capital raise is intended to support Paramount's continued organic growth and strategic acquisitions across the Mid-Atlantic and Southeast U.S.