Operating Company Industrial Services

Pave America

Ashland, Virginia, United States

Formerly known as Pavement Partners Holding, Pavement Partners Holding, LLC, Pavement Partners, LLC

Asphalt and concrete pavement maintenance and repair provider offering services such as asphalt and concrete maintenance, repair, new paving, milling, and sealcoating, serving customers across multiple states.

Focus Areas
Asphalt paving, Sealcoating and milling, Concrete repairs
Website
paveamerica.com

Tracked deals

4

4 tracked deals across 2021-2022.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Addon

2 addon · 1 buyout · 1 recapitalization

Pave America Acquisition Volume by Year

Last 2 years

Acquisition volume by year Annual acquisition counts for the last 2 years for Pave America. 2 2021 2 2022

Supporting Data

Recent Transactions

  • Buyer
    Pavement Partners Holding, LLC
    Target
    Cincinnati Asphalt
    Location
    United States
    Type
    Buyout

    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.

  • Buyer
    Pavement Partners Holding, LLC, Shoreline Equity Partners
    Target
    Turner Asphalt, Chamberlain Contractors
    Industry
    Construction
    Location
    United States
    Type
    Addon

    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.

  • Buyer
    Pavement Partners Holding, LLC, Shoreline Equity Partners
    Target
    Dominion Paving & Sealing
    Industry
    Construction
    Type
    Addon

    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.

  • Buyer
    Shoreline Equity Partners, LLC, Pavement Partners Holding, LLC, Harvey & Company LLC
    Target
    Finley Asphalt & Concrete, LLC
    Industry
    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.

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