Pave America Acquires Magnum Paving

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).

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.

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 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.

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.

Pave America Acquires Central States Paving & Concrete

October 2, 2023

Construction

Pave America, a national asphalt and concrete maintenance platform, acquired Central States Paving & Concrete (CSPC) in a transaction that closed in September 2023. The deal expands Pave America's Midwest footprint—adding CSPC locations in Wisconsin, Indiana and Kansas—and Grove Mountain Partners (the seller) retains a significant equity stake in the combined platform.