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Mar 2021

Midwest Mezzanine Invests Subordinated Debt and Equity in Paramount Mechanical Corp.

Headquartered in Manassas, VA, Paramount Mechanical Corp. (“Paramount”) is a leading provider of design, installation, and maintenance services for complex Mechanical/HVAC, Electrical, and Plumbing systems throughout the Mid-Atlantic and Southeast U.S. markets. Customers include large industrial and multi-family residential complexes as well as federal, state, and municipal government agencies.

Midwest Mezzanine and Caltius Structured Capital invested subordinated debt and equity to support the recapitalization of Paramount by Stonebridge Partners and Paramount’s founder, Mark Cronin.