Rose Paving Acquires Paving Associates, LLC

Rose Paving Merges with Atlantic Southern Paving

December 5, 2024

Construction

Rose Paving has merged with Atlantic Southern Paving to create one of the largest self-performing paving companies in the United States, combining complementary geographic footprints and creating a nationwide network. The combined business — supported by existing investors Tenex Capital Management (Rose) and Harbor Beach Capital (ASP) — will operate over 1,000 employees across 34 offices to expand scale and service capabilities.

Tenex Capital Management Invests in Rose Paving

November 7, 2022

Construction

Tenex Capital Management has made an investment in Rose Paving LLC, a Bridgeview, Illinois-based national provider of parking lot maintenance and rehabilitation services. The investment is intended to accelerate Rose's growth — both organically and via acquisitions — by providing capital and operational support.

Construction Partners Acquires Rose Brothers Paving Company

November 2, 2020

Construction

Construction Partners, Inc. (NASDAQ: ROAD) has acquired Rose Brothers Paving Company, Inc., an asphalt and paving contractor based in Ahoskie, North Carolina. The transaction adds six hot‑mix asphalt plants in eastern North Carolina, expanding Construction Partners' footprint and market access in the state while retaining Rose Brothers' local leadership under Tim Rose.

Rose Paving Acquires Unitex Asphalt Services

January 27, 2025

Construction

Bridgeview-based Rose Paving has acquired Unitex Asphalt Services, a commercial asphalt and exterior construction contractor headquartered in Downingtown, Pennsylvania. The deal expands Rose Paving's footprint into the Philadelphia Tri-State market and follows Rose Paving's recent merger with Atlantic Southern Paving, supporting the company's broader nationwide growth initiative.

Rose Paving Acquires Northern Virginia and Maryland Paving and Concrete (NVM)

April 21, 2023

Construction

Rose Paving, a Chicago-area pavement services provider backed by Tenex Capital Management, has acquired Northern Virginia and Maryland Paving and Concrete (NVM), a multi-state pavement maintenance company headquartered in Fairfax, Virginia. The deal expands Rose Paving’s Mid-Atlantic and Southeast footprint; NVM’s management team will remain in place following the transaction.

Pavement Partners and Brothers National Merge to Form Pave America

February 27, 2023

Construction

Pavement Partners Holding, LLC and Brothers National, LLC have merged to form Pave America, a nationwide pavement services platform. The combined company will be primarily controlled by Shoreline Equity Partners and Trivest Partners, with Lincoln Road Global Management retaining a minority stake and board representation; Tom York will serve as CEO and Paul Garner as President.