M&A Deal Summary |
|
|---|---|
| Date | 2023-10-03 |
| Target | Central States Paving and Concrete |
| Sector | Construction |
| Buyer(s) | Pave America |
| Sellers(s) | Grove Mountain Partners |
| Deal Type | Add-on Acquisition |
| Advisor(s) | DLA Piper (Legal) |
SEARCH BY
Try For Free 7-Day Free Trial
Pave America is a provider of asphalt and concrete solutions including maintenance, repair, milling, sealcoating, and new paving services to commercial, municipal, and institutional customers as well as general contractors. Pave America is based in Warrenton, Virginia.
| DEAL STATS | # |
|---|---|
| Overall | 5 of 6 |
| Sector (Construction) | 5 of 6 |
| Type (Add-on Acquisition) | 4 of 5 |
| State (Wisconsin) | 1 of 1 |
| Country (United States) | 5 of 6 |
| Year (2023) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-02-27 |
Brothers National
Manassas, Virginia, United States Brothers National is an operator of a premier asphalt, concrete and paving company. Brothers National was founded in 1985 and is based in Manassas, Virginia. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-02-06 |
Magnum Paving
Villa Rica, Georgia, United States Magnum Paving is a provider of pavement services to commercial and municipal customers. Magnum Paving is the premier pavement service provider across the greater Atlanta area and is headquartered in Villa Rica, Georgia. |
Buy | - |
| Category | Private Equity Firm |
|---|---|
| Founded | 2020 |
| PE ASSETS | 480M USD |
| Size | Middle-Market |
| Type | Sector Focused |
Grove Mountain Partners is a private equity firm focused on investments in lower-middle market home service and specialty business service companies throughout the US. The Firm seeks long-term partnerships with management teams in businesses with EBITDA between $3 and $25 million and $15 to $200 million in revenue. Grove Mountain considers control and structured equity investments to support management/leveraged buyouts, family succession planning, recapitalizations, and corporate divestitures. Grove Mountain prefers businesses with relatively low capital intensity and generally avoids companies with customer concentration, extreme cyclicality, significant regulation, or unknown technology risks. Grove Mountain Partners was founded in 2020 and is based in Atlanta, Georgia.
| DEAL STATS | # |
|---|---|
| Overall | 3 of 3 |
| Sector (Construction) | 1 of 1 |
| Type (Add-on Acquisition) | 3 of 3 |
| State (Wisconsin) | 1 of 1 |
| Country (United States) | 3 of 3 |
| Year (2023) | 2 of 2 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-05-09 |
Unique Indoor Comfort
Atlanta, Georgia, United States Unique Indoor Comfort is an HVAC and plumbing services company that delivered operational, management, accounting, and technology excellence within the heating and cooling space. Unique Indoor Comfort was founded in 2021 and is based in Atlanta, Georgia. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2024-01-09 |
Plimpton & Hills
Meriden, Connecticut, United States Plimpton & Hills is focused on the distribution of HVAC and Plumbing products across the Northeast. Plimpton & Hills is based in Meriden, Connecticut. |
Buy | - |
