Paramount Mechanical Corporation


April 2021

Current Investment

Paramount designs, installs, and services complex Mechanical/HVAC, Electric and Plumbing systems throughout the Mid-Atlantic and Southeast U.S. markets. Over the years, Paramount has successfully positioned itself as the preferred service and installation provider for owners and facility managers of complex HVAC and mechanical systems. Customers include large industrial and multi-family residential complexes as well as federal, state and municipal government agencies.

Caltius Structured Capital provided subordinated debt and equity to Paramount in partnership with Stonebridge Partners, a White Plains, NY-based lower middle-market private equity firm, Paramount’s founder, Mark Cronin, Midwest Mezzanine Funds, and other debt and equity investors.

Manassas, Virginia


“The Caltius team was knowledgeable and thorough, and ran a very smooth diligence and closing process, with their help, we will expand market share more rapidly and build incremental value through continued organic growth and strategic acquisitions.”

Stephen Hanna, Managing Director, Stonebridge

Loans made or arranged pursuant to a California Financing Law License, where applicable.