The Cranemere Group Partners with System Pavers

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.

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.

The Cranemere Group Acquires Outpatient Imaging Affiliates from ICV Partners

October 20, 2021

Healthcare Services

The Cranemere Group has acquired majority ownership of Outpatient Imaging Affiliates (OIA) from ICV Partners; OIA management retains a meaningful ownership stake. Headquartered in Nashville, Tennessee, OIA operates 56 outpatient imaging centers across 18 markets and will be supported by Cranemere's permanent capital for long-term growth and partnership with health systems.

Rose Paving Acquires Paving Associates, LLC

January 28, 2025

Construction

Rose Paving, a Chicago-area pavement services provider backed by Tenex Capital Management, has acquired Paving Associates, a pavement maintenance contractor serving the greater New York metropolitan area. The acquisition expands Rose Paving’s Atlantic Coast footprint and brings Paving Associates’ team into Rose’s national service network.

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.

Graham Partners Acquires Gatekeeper Systems

October 31, 2019

Manufacturing

Graham Partners has acquired Gatekeeper Systems, a Foothill Ranch, California-based provider of patented, intelligent cart-based loss prevention and asset-management solutions for retail customers. Graham Partners said it will leverage its experience in retail loss prevention and IoT to accelerate Gatekeeper’s growth, expand its product development and pursue additional domestic and international markets.