Energy Services of America Acquires Tri-State Paving & Sealcoating

Energy Services of America Acquires Tribute Contracting & Consultants

December 2, 2024

Construction

Energy Services of America Corporation (Nasdaq: ESOA) has completed the purchase of substantially all assets of Tribute Contracting & Consultants, LLC for $22 million in cash (plus $2.0 million of common stock), adding an underground utility contractor that employs approximately 90 construction workers. The acquisition expands Energy Services' capabilities and presence in water distribution and wastewater system installations across Ohio, Kentucky and West Virginia.

Energy Services of America Acquires WV Pipeline, Inc.

December 16, 2020

Industrial Services

Energy Services of America Corporation formed a wholly owned subsidiary, West Virginia Pipeline Acquisition Company, and entered an asset purchase agreement to acquire substantially all assets of WV Pipeline, Inc. for $3.5 million cash plus a $3.0 million seller note; the transaction was expected to close December 31, 2020. The acquisition expands Energy Services' capabilities and geographic presence in gas and water distribution utility services in southern West Virginia, and WV Pipeline's leadership (David and Daniel Bolton) will remain with the business.

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.

AEA Investors and BCI Acquire Pave America from Trivest and Shoreline

September 30, 2025

Construction

AEA Investors' Middle Market Private Equity team and British Columbia Investment Management Corporation (BCI) have acquired Pave America, a leading U.S. commercial paving maintenance services provider, from Trivest Partners and Shoreline Equity Partners. Trivest and Shoreline will retain minority stakes alongside management, and AEA/BCI said they will support accelerated growth both organically and via strategic acquisitions; terms were not disclosed.

Atlantic Southern Paving & Sealcoating Acquires Superior Blacktop Services, Pavement Exchange Group and C&T Paving

April 25, 2022

Construction

Atlantic Southern Paving & Sealcoating, a PE-backed commercial paving platform, has acquired three Carolina-based paving businesses: Superior Blacktop Services (Summerville, SC), Pavement Exchange Group (Charlotte, NC), and C&T Paving (Asheville, NC). The add-ons, announced April 25, 2022, broaden Atlantic Southern’s service footprint in the Carolinas and are part of a roll-up strategy backed by Harbor Beach Capital and Aldine Capital Partners; leadership of the acquired companies will remain in place.

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.