Paramount Services

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Paramount Services - overview

Established

1998

Location

Sterling, VA, US

Primary Industry

Consumer Products

About

Paramount Services is a construction firm that specializes in renovation and contracting services, primarily serving multi-family communities and residential properties across the United States. Paramount Services provides comprehensive construction solutions, focusing on renovations for various residential and commercial properties. Founded in 1998 in Sterling, US, the company has made one deal, with the most recent funding round being a Recapitalisation in September 2006, raising USD 66. 00 mn from Chicago Growth Partners.


As of now, the company has raised a total of USD 66. 00 mn. Paramount Construction Services is a comprehensive construction firm specializing in a wide array of renovation and contracting services tailored primarily for multi-family communities and residential properties. The company’s core offerings include interior renovations, general contracting, painting, and maintenance services, addressing diverse needs from property managers to homeowners.


Paramount's expertise caters to various market demands, spanning simple kitchen and bath remodels to more complex turn-key projects, primarily in metropolitan regions across the United States. The revenue structure of Paramount Construction Services is derived from contract-based transactions, where clients engage the firm for specific renovation and construction projects. These transactions involve detailed proposals outlining project specifications, timelines, and costs. The company operates on a project basis, often engaging in B2B relationships with property management companies, developers, and individual homeowners, with pricing plans structured according to the scale and complexity of each project.


Paramount Services plans to leverage the recent funding from its latest USD 66. 00 mn Recapitalisation round to enhance its capabilities and expand its service offerings. The company aims to introduce new renovation products by the end of 2023, targeting new markets in the Southeastern and Southwestern regions of the United States to increase its operational footprint.


Current Investors

Chicago Growth Partners

Primary Industry

Consumer Products

Sub Industries

Household Appliances

Website

http://www.paramountserv.com/

Company Stage

Mature

Total Amount Raised

Subscriber access only

Paramount Services - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
RecapitalisationCompletedParamount Services-

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Paramount Services - employee data

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