Shoreline Equity Partners Forms Pavement Partners and Recapitalizes Finley Asphalt & Concrete
June 30, 2021
Shoreline Equity Partners formed Pavement Partners Holding, LLC and recapitalized Finley Asphalt & Concrete to create a platform for acquiring pavement repair and maintenance providers across the U.S. Finley’s founders (Erick and Lewis Finley) remain in leadership and co-investors including Harvey & Company joined the transaction; senior debt was provided by M&T Bank and South State Bank.
- Buyers
- Shoreline Equity Partners, LLC, Pavement Partners Holding, LLC, Harvey & Company LLC
- Targets
- Finley Asphalt & Concrete, LLC
- Platforms
- Pavement Partners Holding, LLC
- Industry
- Construction
- Location
- Virginia, United States
- Transaction Type
- Recapitalization
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