Rithm Capital Acquires Paramount Group, Inc.

Rithm Capital Acquires Crestline Investors

December 7, 2025

Financial Services

Rithm Capital has completed the acquisition of Crestline (Crestline Investors), expanding Rithm’s alternative asset management platform and broadening its investment capabilities across credit, real estate, and structured finance. The deal adds Crestline’s investment track record and leadership to Rithm’s integrated platform, enhancing distribution and product depth for institutional and private wealth clients.

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.

GDI Integrated Facility Services Acquires Paramount Building Solutions

May 14, 2024

Environmental Services

GDI Integrated Facility Services has acquired Paramount Building Solutions, a Phoenix-headquartered provider of facilities maintenance, commercial janitorial and floor care services operating across nine U.S. states. The acquisition expands GDI's U.S. footprint into Arizona and Minnesota and will allow Paramount to leverage GDI's scale to strengthen and grow customer relationships; financial terms were not disclosed.

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.

Source Advisors Acquires United Paramount Tax Group

July 12, 2024

Accounting & Tax

Source Advisors, a specialty tax consulting firm backed by BV Investment Partners, has acquired United Paramount Tax Group (UPTG), a property tax consulting and business personal property tax management firm. The deal expands Source Advisors' service offering by adding real property tax reduction and ongoing property tax management capabilities to its suite of tax advisory services.

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.