Stonebridge Partners Completes the Recapitalization of Paramount Mechanical Corporation
Stonebridge Partners (“Stonebridge”) is pleased to announce the successful recapitalization of Paramount Mechanical Corp., (“Paramount” or the “Company”) in partnership with Paramount’s founder, Mark Cronin. Mark, who founded Paramount in 1989, will remain President and CEO and has retained a significant ownership position. In addition, as part of the transaction, several key managers of Paramount have become shareholders…