M&A Deal Summary

Heartland Paving Partners Acquires Professional Paving & Concrete

On July 10, 2024, Heartland Paving Partners acquired construction company Professional Paving & Concrete

Acquisition Highlights
  • This is Heartland Paving Partners’ 1st transaction in the Construction sector.
  • This is Heartland Paving Partners’ 3rd transaction in the United States.
  • This is Heartland Paving Partners’ 1st transaction in Illinois.

M&A Deal Summary
Date 2024-07-10
Target Professional Paving & Concrete
Sector Construction
Buyer(s) Heartland Paving Partners
Deal Type Add-on Acquisition

Target

Professional Paving & Concrete

Glen Ellyn, Illinois, United States
Professional Paving & Concrete provides a comprehensive range of paving services to primarily commercial, and industrial clients. Professional Paving & Concrete was formed in 1982 and is based in Glen Ellyn, Illinois.

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Buyer(S) 1

Buyer

Heartland Paving Partners

Blaine, Minnesota, United States
Category Company
Sector Business Services
DESCRIPTION

Heartland Paving Partners is a provider of commercial asphalt and concrete maintenance and repair services across the upper Midwest. Heartland Paving Partners is based in Blaine, Minnesota.

DEAL STATS #
Overall 3 of 3
Sector (Construction) 1 of 1
Type (Add-on Acquisition) 3 of 3
State (Illinois) 1 of 1
Country (United States) 3 of 3
Year (2024) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-20 Klekamp

Cincinnati, Ohio, United States

Klekamp offers comprehensive paving services to residential, commercial, and industrial clients. Klekamp is based in Cincinnati, Ohio.

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