Rose Paving Acquires Unitex Asphalt Services

Rose Paving Acquires Paving Associates, LLC

January 28, 2025

Construction

Rose Paving, a Chicago-area pavement services provider backed by Tenex Capital Management, has acquired Paving Associates, a pavement maintenance contractor serving the greater New York metropolitan area. The acquisition expands Rose Paving’s Atlantic Coast footprint and brings Paving Associates’ team into Rose’s national service network.

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.

Pave America Acquires Kansas Asphalt

October 10, 2023

Construction

Pave America has partnered with and added Kansas Asphalt, a Bucyrus, Kansas–headquartered asphalt and concrete paving and maintenance provider, to its platform as an add-on to expand its national footprint. The transaction brings Kansas Asphalt’s self-performing locations and subcontractor network into Pave America’s platform, which is backed by private equity sponsors including Shoreline Equity Partners (and referenced Trivest Partners in the announcement).

Rose Paving Acquires Northern Virginia and Maryland Paving and Concrete (NVM)

April 21, 2023

Construction

Rose Paving, a Chicago-area pavement services provider backed by Tenex Capital Management, has acquired Northern Virginia and Maryland Paving and Concrete (NVM), a multi-state pavement maintenance company headquartered in Fairfax, Virginia. The deal expands Rose Paving’s Mid-Atlantic and Southeast footprint; NVM’s management team will remain in place following the transaction.

Tenex Capital Management Invests in Rose Paving

November 7, 2022

Construction

Tenex Capital Management has made an investment in Rose Paving LLC, a Bridgeview, Illinois-based national provider of parking lot maintenance and rehabilitation services. The investment is intended to accelerate Rose's growth — both organically and via acquisitions — by providing capital and operational support.

Construction Partners Acquires Rose Brothers Paving Company

November 2, 2020

Construction

Construction Partners, Inc. (NASDAQ: ROAD) has acquired Rose Brothers Paving Company, Inc., an asphalt and paving contractor based in Ahoskie, North Carolina. The transaction adds six hot‑mix asphalt plants in eastern North Carolina, expanding Construction Partners' footprint and market access in the state while retaining Rose Brothers' local leadership under Tim Rose.