Description: Paradigm is a leading manufacturer of high-end loudspeakers and audio-video components, sold under the Paradigm® and Anthem™ brand names. Paradigm sells through independent dealers (retailers and custom installers) in the U.S. and Canada and through independent distributors internationally. Over the years, Paradigm has received more than 250 industry awards for audio excellence.

Background/Purpose: The owners of Paradigm were seeking to diversify their personal assets and find a financial partner to support their organic and acquisition growth initiatives. ShoreView structured a transaction that enabled the founders to achieve both of these objectives and also enabled them to retain a significant ownership stake and transfer a portion of ownership to other key managers of the company.

Growth Strategy:

• Expand product offering through continued investment in product development
• Grow international revenue through increased selling efforts
• Pursue additional low-cost sourcing and manufacturing opportunities in Asia