Paramount Equity

Paramount Equity
Private
Industry Finance and Mortgage
Founded 2003
Founder Hayes Barnard
Headquarters 8781 Sierra College Blvd, Roseville, CA 95661, Roseville, California, United States
Products Mortgage
Services FHA insured loan, Conventional Loans, Refinance and Home Purchase Loans, VA Loans
Number of employees
 650 (2015)
Website www.paramountequity.com

Paramount Equity LLC., headquartered in Roseville, California, and consists of Paramount Equity Mortgage, a residential mortgage lending company, Paramount Solar, a residential solar power solutions company, and Paramount Equity Insurance Services.

In 2011, Paramount Equity entered into a partnership with Guthy-Renker LLC, the nation's largest direct-to-consumer marketing company. The partnership would help Paramount Equity expand its mortgage and consumer financial operation. Guthy-Renker has assumed a significant equity position in the company. Guthy-Renker is one of the largest direct marketing companies in the world, with distribution in more than 61 countries.[1]

The company employs about 300 people and has won Sacramento Business Journals "A+ Employee Choice Award" in 2006, 2007, 2009 and 2010 [2]

Locations

Leadership

Mike Berte is currently the CEO of Paramount Equity.

Ownership Structure

In March 2011, Paramount Equity and its three owners, Hayes Barnard, Matt Dawson, and Jason Walker,[3] entered into a partnership with Guthy-Renker (G-R).[4] G-R is one of the largest and most respected direct marketing companies in the world,[5] with distribution in more than 61 countries. G-R has a 50 percent stake in Paramount Equity. Although Paramount Equity remains independent from G-R, it is considered one of their core businesses. Since 1988, G-R has discovered and developed dozens of high quality consumer products in the beauty, skincare, entertainment and wellness categories, including Proactiv, Meaningful Beauty by Cindy Crawford, Malibu Pilates, and Ultimate Edge with Tony Robbins. For additional information on Guthy-Renker[6]

References

  1. ↑ "Guthy-Renker – Direct Marketing Company". Retrieved 25 April 2017.
  2. ↑ http://www.paramountequity.com/press-A+-2010.php
  3. ↑ "Executive Bios – Paramount Equity Mortgage®". Retrieved 25 April 2017.
  4. ↑ https://www.nationalmortgagenews.com/nmn_features/guthy-renker-buys-1024365-1.html?zkPrintable=true
  5. ↑ http://www.guthy-renker.co.uk/about.aspx
  6. ↑ "America's Largest Private Companies: #270 Guthy-Renker - Forbes.com". Retrieved 25 April 2017.
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