M&A Deal Summary

Banner Capital Acquires Western Pavement Services

On April 30, 2025, private equity firm Banner Capital acquired construction company Western Pavement Services

Acquisition Highlights
  • This is Banner Capital’s 1st transaction in the Construction sector.
  • This is Banner Capital’s 2nd transaction in the United States.
  • This is Banner Capital’s 1st transaction in California.

M&A Deal Summary

Date 2025-04-30
Target Western Pavement Services
Sector Construction
Buyer(s) Banner Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Western Pavement Services

Irwindale, California, United States
Western Pavement Services is a platform focused on asphalt maintenance services in the Western United States. Western Pavement Services is based in Irwindale, California.

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Buyer(S) 1

Buyer

Banner Capital

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2021
PE ASSETS 653M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Banner Capital is a private equity firm that looks to partner with founders of lower middle-market companies exhibiting predictable revenue streams and strong opportunities for growth. The Firm does not have any sector preferences and will consider opportunities throughout the US. Banner Capital was formed in 2021 and is based in Lehi, Utah.


DEAL STATS #
Overall 2 of 2
Sector: Construction M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 2 of 2
State: California M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-08 Vision Graphics

Salt Lake, Utah, United States

Vision Graphics is a visual communications company offering a wide range of print and display solutions. Vision Graphics is based in Salt Lake City, Utah.

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