Pavement Partners Acquires Dominion Paving & Sealing

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.

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.

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.

Pavement Partners Holding Acquires Cincinnati Asphalt

September 2, 2022

Industrial Services

Pavement Partners Holding, LLC (“Pavement Partners”) acquired Cincinnati Asphalt, a provider of asphalt and concrete solutions serving the Greater Cincinnati region and surrounding markets. The acquisition closed on August 24, 2022 and is intended to expand Pavement Partners’ footprint while supporting growth of Cincinnati Asphalt’s operations.

Pavement Partners Acquires Turner Asphalt and Chamberlain Contractors

January 18, 2022

Construction

Pavement Partners Holding, LLC has acquired Turner Asphalt (Raleigh, NC) and Chamberlain Contractors (Laurel, MD), expanding its pavement repair and maintenance platform across the Southeast and Mid-Atlantic. The transactions strengthen Pavement Partners' regional footprint and service capabilities as a Shoreline-backed platform pursuing roll-up growth.

Shoreline Equity Partners Forms Pavement Partners and Recapitalizes Finley Asphalt & Concrete

June 30, 2021

Construction

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.