M&A Deal Summary

ACI Asphalt & Concrete Acquires Asphalt Solutions

On August 24, 2023, ACI Asphalt & Concrete acquired construction company Asphalt Solutions

Acquisition Highlights
  • This is ACI Asphalt & Concrete’s 1st transaction in the Construction sector.
  • This is ACI Asphalt & Concrete’s 1st transaction in the United States.
  • This is ACI Asphalt & Concrete’s 1st transaction in Indiana.

M&A Deal Summary
Date 2023-08-24
Target Asphalt Solutions
Sector Construction
Buyer(s) ACI Asphalt & Concrete
Deal Type Add-on Acquisition

Target

Asphalt Solutions

Indianapolis, Indiana, United States
website
Asphalt Solutions is a provider of asphalt and concrete maintenance and repair services for commercial and multi-family homeowner association customers. Asphalt Solutions is based in Indianapolis, Indiana.

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Buyer(S) 1

Buyer

ACI Asphalt & Concrete

Maple Grove, Minnesota, United States

website

Category Company
Founded 1993
Sector Construction
DESCRIPTION

ACI Asphalt & Concrete is a provider of asphalt and concrete maintenance/repair services to commercial clients. ACI Asphalt & Concrete is a contractor and preferred paving company for some of the world's largest retailers and commercial companies. ACI Asphalt & Concrete was founded in 1993 and is based in Maple Grove, Minnesota.

DEAL STATS #
Overall 1 of 1
Sector (Construction) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Indiana) 1 of 1
Country (United States) 1 of 1
Year (2023) 1 of 1
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