.
MergerLinks Header Logo

New Deal


Announced

Trivest Partners, Shoreline Equity and Lincoln Road-backed Pavement Partners and Brothers National to merge and form Pave America.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

asphalt

Majority

Merger

Pending

Friendly

Cement

United States

Private

Domestic

Private Equity

concrete and cement

Acquisition

Synopsis

Edit

Private equity firms Trivest Partners, Shoreline Equity and Lincoln Road-backed Pavement Partners, an asphalt and concrete solutions services provider, and Brothers National, an asphalt and concrete company, agreed to merge and form Pave America. Financial terms were not disclosed. “The opportunity to combine these two businesses to form one of the leading pavement service providers in the country makes tremendous sense for all the Company’s constituents. We are quite familiar with a number of the businesses Brothers partnered with and have a strong appreciation for the platform the Brothers team and Trivest have built. With the formation of Pave America, we are going to be able to expand our service offering, geographic reach, and, most importantly, better serve our customer base," Tom York, Pave America CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US