ShoreView Announces sale of Paradigm Electronics Inc.
ShoreView is pleased to announce the sale of Paradigm Electronics Inc. (“Paradigm”). Paradigm was a portfolio company in ShoreView Capital Partners I, L.P. and represents the last realization for the Fund.
Paradigm is a niche designer and manufacturer of consumer electronics products serving the consumer audio and home theater markets. The Company’s brands include Paradigm, Martin Logan, and Anthem. Paradigm’s products are sold through specialty retailers in North America, Europe, and Asia.
About ShoreView Industries
ShoreView Industries is a middle-market private equity firm founded in 2002. Based in Minneapolis, ShoreView has raised $1.325 billion of committed capital since inception and is currently investing in new platforms from its third fund. ShoreView invests in established companies, with operations in North America, across a wide range of industries. ShoreView structures a variety of acquisition, recapitalization and build-up transactions, typically in family-owned businesses with revenues ranging between $20 million and $300 million.