M&A Deal Summary

Paramount Mechanical Acquires Math

On November 21, 2024, Paramount Mechanical acquired business services company Math

Acquisition Highlights
  • This is Paramount Mechanical’s 1st transaction in the Business Services sector.
  • This is Paramount Mechanical’s 1st transaction in the United States.
  • This is Paramount Mechanical’s 1st transaction in Virginia.

M&A Deal Summary

Date 2024-11-21
Target Math
Sector Business Services
Buyer(s) Paramount Mechanical
Deal Type Add-on Acquisition

Target

Math

Portsmouth, Virginia, United States
Math is an independent provider of HVAC, plumbing, and pipe services for industrial, commercial, and medical facilities across the Newport News/Norfolk/Virginia Beach region. Math is based in Newport Beach, California.

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Buyer(S) 1

Buyer

Paramount Mechanical

Manassas, Virginia, United States

Category Company
Founded 1989
Sector Business Services
DESCRIPTION

Paramount Mechanical 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. Paramount Mechanical was formed in 1989 and is headquartered in Manassas, Virginia.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Virginia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1