Harbor Beach Capital and Aldine Capital Partners Invest in Atlantic Southern Paving

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.

Atlantic Southern Paving Acquires Property Paving, Inc.

February 27, 2023

Construction

Atlantic Southern Paving and Sealcoating, a national commercial paving company partnered with Harbor Beach Capital, acquired Property Paving, Inc., a full-service concrete and asphalt contractor serving the Dallas–Fort Worth market. The acquisition expands Atlantic Southern's presence in the DFW Metroplex and connects the company's self-performing operations across the Sunbelt as part of its platform growth strategy.

Atlantic Southern Paving & Sealcoating Acquires Paradise Asphalt Maintenance and Massey Asphalt Paving

October 17, 2022

Construction

Atlantic Southern Paving & Sealcoating, a Fort Lauderdale-based commercial paving platform backed by Harbor Beach Capital and Aldine Capital Partners, has completed add-on acquisitions of Paradise Asphalt Maintenance (Grandview, Missouri) and Massey Asphalt Paving (Trussville, Alabama). The transactions expand Atlantic Southern’s geographic footprint in the Midwest and Southeast as part of a broader roll-up strategy to consolidate pavement maintenance and commercial paving services.

Atlantic Southern Paving & Sealcoating Acquires Black Diamond Paving & Concrete

June 22, 2022

Industrial Services

Atlantic Southern Paving & Sealcoating, a Fort Lauderdale-based national commercial paving company backed by Harbor Beach Capital, acquired Black Diamond Paving & Concrete, which is headquartered in Hayward, California with an additional office in Escondido. The deal expands Atlantic Southern's footprint in Northern and Southern California and is the company's fourth acquisition of the year as it pursues geographic growth under its partnership with Harbor Beach Capital.

Atlantic Southern Paving & Sealcoating Acquires Murphree Paving

September 13, 2021

Construction

Atlantic Southern Paving & Sealcoating, a PE-backed national commercial pavement maintenance platform, has acquired Murphree Paving of Tupelo, Mississippi as its second add-on. The acquisition, executed under Atlantic Southern's partnership with Harbor Beach Capital (and Aldine Capital Partners per one announcement), expands Atlantic Southern’s geographic footprint across the southeastern United States and strengthens its commercial pavement maintenance capabilities.

Atlantic Southern Paving & Sealcoating Acquires Emerald Paving Company

February 2, 2021

Construction

Atlantic Southern Paving & Sealcoating, a PE-backed national commercial pavement maintenance company, has acquired Emerald Paving Company of Westminster, California. The deal is Atlantic Southern's first add-on and is intended to expand the platform's presence into the Western United States to better serve its national customer base.