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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