Paramount Cosmetics

Based in Clifton, NJ, and founded by Sam Salzman in the 1950s, Paramount Cosmetics is a 3rd generation family owned provider of contract manufacturing services to established and emerging prestige independent (“indie”) brands in the beauty, cosmetics and personal care industries. Under the leadership of 3rd generation owner Sandy Salzman, Paramount developed a comprehensive range of R&D, manufacturing, filling and assembly capabilities for custom manufacturing a broad array of skin care, hair care, make-up and over the counter (“OTC”) products in its 100,000 square foot FDA registered facility. After more than sixty years under the same family ownership, Silvergrove was engaged as the Company’s exclusive representative in a process to identify a well-financed strategic partner. Silvergrove identified and executed a transaction with Bentley Laboratories, a larger contract manufacturer based in Edison, NJ, and a portfolio company of The Riverside Company, a leading NY based private equity firm. The highly synergistic combination resulted in significantly enhanced capabilities and competitive position and a successful transition in ownership for Paramount’s shareholders.

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