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

Mangrove Equity Partners Launches Peak Pavement Group with HD Sealcoating & Paving Solutions and Maintain It All

June 23, 2026

Industrial Services

Mangrove Equity Partners launched Peak Pavement Group as a national platform for the pavement maintenance industry. The platform was formed through the onboarding of founder-led companies HD Sealcoating & Paving Solutions (Michigan) and Maintain It All (Pennsylvania), alongside Mangrove’s prior partnership with A&R Sealcoating (Michigan).

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.

Shoreline Equity Partners Recapitalizes Core Roofing Systems

November 29, 2022

Construction

Shoreline Equity Partners has partnered with Core Roofing Systems, a commercial roofing services provider headquartered in Alpharetta, Georgia. The private equity firm made a recapitalization investment to support Core Roofing’s growth plan—including organic initiatives and add-on acquisitions—while founder Dusty DeVore retains a significant ownership stake and continues to lead the company.

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.

Pavement Partners Acquires Dominion Paving & Sealing

August 16, 2021

Construction

Pavement Partners Holding, LLC, a pavement services platform formed via Shoreline Equity Partners' recapitalization of Finley Asphalt & Concrete, has acquired Dominion Paving & Sealing, a Purcellville, Virginia-based asphalt and concrete services provider. The deal is Pavement Partners' first add-on following the platform formation and is intended to expand the platform's market share and service footprint across the Washington D.C. metro and surrounding Mid-Atlantic markets.