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Rose Paving Merges with Atlantic Southern Paving and Sealcoating, Expanding Nationwide Presence

Bridgeview, IL—In a historic moment for the paving industry, Rose Paving (“Rose”) announced it has merged with Atlantic Southern Paving (“ASP”) to create one of the largest self-performing paving companies in the United States. Rose Paving and ASP combine complementary geographic footprints and together create an expansive nationwide network with an unrivaled reach. The businesses are known for consistent, long-standing relationships while offering both national and regional expertise, and the combination will ensure new standards of quality and
service in the paving industry. Both companies have been built through an unwavering commitment to servicing clients, with customers trusting Rose Paving for over 50 years and ASP for more than 30 years. Over the last decade, each company has expanded through steady and deliberate organic growth as well as key acquisitions. This partnership now unites over 1,000 employees across 34 offices nationwide.

“We’re thrilled to join forces with the ASP team,” said Jaron Srain, President of Rose Paving. “Our geographic footprints complement each other, and our partnership will boost efficiencies and double our coverage to better serve our clients. The merger uniquely positions us to offer best-in-class paving solutions and superior service for years to come.”

This alliance brings together two of the most trusted names in paving, companies with shared values and a commitment to delivering outstanding customer service and quality work. The merger strengthens our national capabilities and leverages deep regional expertise to serve clients better. Mike Curry Jr., CEO of ASP, expressed his excitement about the merger, stating, “This is a huge moment not only for the company that my family and team have built but for the entire paving industry. Rose and ASP will carry forward our legacies as one. I am eager to unite these companies to redefine the industry that we love.” Harbor Beach Capital, ASP’s investment partner, will continue to invest alongside Tenex Capital Management, Rose Paving’s partner, to support the company’s continued growth and
expansion nationwide.

About Rose Paving
Founded in 1974 and headquartered in Bridgeview, IL, Rose provides professional preventative and restorative pavement maintenance services to businesses throughout the United States, Canada, and Puerto Rico. Rose delivers its services to retail, hospitality, health care, and apartment companies in multiple locations. For additional information, please visit www.rosepaving.com.

About Atlantic Southern Paving
Based in Sunrise, Florida, Atlantic Southern Paving has provided expert paving services throughout the southern United States for decades. The company is dedicated to quality workmanship and outstanding customer care. Atlantic Southern Paving has built long-standing relationships with clients across the region, making it a trusted partner for asphalt maintenance and repair. Their family of businesses includes Murphree Paving, Emerald Paving, C&T Paving, Superior Blacktop Services, Pavement Exchange Group, Massey Asphalt Paving, Black Diamond Paving, Paradise Pavement Maintenance, and Property Paving. For additional information, please visit www.atlanticsouthernpaving.com/our-family-of-companies/.

About Tenex Capital Management
Tenex Capital Management is a private equity firm that invests in middle-market companies. Tenex uses an in-house team of hybrid investment professionals skilled in operational leadership, investing, and capital markets structuring to maximize long-term value creation. Tenex’s deep operating experience allows the firm to collaborate with management teams to capitalize on business and market opportunities. Tenex has successfully invested in various industries, including diversified industrials, business and tech-enabled services, and healthcare.
For additional information, please visit www.tenexcm.com.

Harbor Beach Capital
Harbor Beach Capital is a private equity firm specializing in control investments in middle- market companies. They partner with and align their interests alongside talented management teams to help companies reach their full potential and create long-term value. Harbor Beach takes an active approach, committing the necessary resources to each investment to drive growth and operational efficiencies. For more information, please visit www.harborbeachcapital.com.

Atlantic Southern Continues to Expand in Dallas/Fort Worth, TX With the Acquisition of Pave-It, Inc.

FORT LAUDERDALE, Fla. – Atlantic Southern Paving and Sealcoating, a premier national commercial paving company headquartered in Fort Lauderdale, FL, announced today that it has acquired Pave-It, Inc., a full-service concrete and asphalt paving contractor serving the Dallas/Fort Worth market. The Pave-It, Inc. team will become a second location for Property Paving, Inc. and allow us to continue to grow our maintenance services in Dallas/Fort Worth and surrounding areas.

“We are very excited to welcome Pave-It to our Atlantic Southern team,” said Michael J. Curry Jr, CEO of Atlantic Southern. “With over 15 years of paving and concrete experience in the area, partnered with our team at Property Paving, we will continue to maximize our capabilities in Texas and surrounding areas.”

Pave-It was established in 2009 with a team of people with over 35 years of experience. They started with a vision of creating a company built on reliability, efficiency and experience. They provide quality commercial paving and concrete services. This new partnership will allow Property Paving to expand its service radius and continue to build customer relationships in the commercial paving industry while keeping high-quality performance and great service in the forefront.

The acquisition of Pave-It is the 12th transaction completed by Atlantic Southern, and its second acquisition in the Texas market, under its partnership with Harbor Beach Capital, a middle-market private equity firm with a proven track record of driving organic and inorganic growth in middle-market businesses. This latest acquisition is well aligned with Harbor Beach and Atlantic Southern’s shared commitment of expanding the geographic footprint of the company through organic growth initiatives combined with selective strategic acquisitions.

Website: https://www.paveitdfw.com/
Facebook: https://www.facebook.com/Paveitdfw
LinkedIn: https://www.linkedin.com/company/pave-it-dfw/

Atlantic Southern Continues to Expand in Dallas/Fort Worth, TX With the Acquisition of Pave-It, Inc.

Atlantic Southern Continues to Expand in Northeastern Alabama With the Acquisition of James E. Watts & Sons Contractors

FORT LAUDERDALE, Fla. – Atlantic Southern Paving and Sealcoating, a premier national commercial paving company headquartered in Fort Lauderdale, FL, announced today that it has acquired James E. Watts & Sons Contractors, a full-service concrete and asphalt paving contractor serving the Northeastern Alabama market. The Watts team will become a second location for Massey Asphalt Paving and allow us to continue to grow our maintenance services in Gadsden, AL and surrounding areas.

“We are very excited to welcome Watts to our Atlantic Southern team,” said Michael J. Curry Jr, CEO of Atlantic Southern. “With over 50 years of paving and concrete experience in the area, partnered with our team at Massey Asphalt, we will continue to maximize our capabilities in Alabama and surrounding areas.”

Watts was established in 1967 with the vision of creating a company built on providing quality paving, concrete and drainage work in the commercial and municipal industries. This new partnership will allow Massey Asphalt to expand its service radius and continue to build customer relationships in the commercial paving industry while keeping high-quality performance and great service in the forefront.

The acquisition of Watts is the 11th transaction completed by Atlantic Southern, and its second acquisition in the Alabama market, under its partnership with Harbor Beach Capital, a middle-market private equity firm with a proven track record of driving organic and inorganic growth in middle-market businesses. This latest acquisition is well aligned with Harbor Beach and Atlantic Southern’s shared commitment of expanding the geographic footprint of the company through organic growth initiatives combined with selective strategic acquisitions.

JUNE 16, 2023
Atlantic Southern Continues to Expand in
Northeastern Alabama With the Acquisition of
James E. Watts & Sons Contractors

Atlantic Southern Continues to Expand in the Charleston, SC Area With the Acquisition of Pro-Seal Asphalt Contractors

Atlantic Southern Paving and Sealcoating, a premier national commercial paving company headquartered in Fort Lauderdale, FL, announced today that it has acquired Pro-Seal Asphalt Contractors, a full-service concrete and asphalt paving contractor serving the Charleston, SC market. This acquisition will partner with our sister company, Superior Blacktop Services, to grow our premier asphalt maintenance services in Charleston and surrounding areas.

“We are very excited to welcome Pro-Seal Asphalt Contractors to our Atlantic Southern team,” said Michael J. Curry Jr, CEO of Atlantic Southern. “Their history in the area, partnered with our team at Superior Blacktop Services, will continue to open the door for our capabilities in South Carolina and surrounding areas.”

Pro-Seal was established in 2016 with the vision of creating a company built on trust and consistent performance. This new partnership will allow both Superior and Pro-Seal to grow customer relationships in the commercial paving industry while keeping high-quality performance and great service in the forefront. The acquisition of Pro-Seal Asphalt is the tenth transaction completed by Atlantic Southern, and its second acquisition in the South Carolina market, under its partnership with Harbor Beach Capital, a middle-market private equity firm with a proven track record of driving organic and inorganic growth in middle-market businesses. This latest acquisition is well aligned with Harbor Beach and Atlantic Southern’s shared commitment of expanding the geographic footprint of the company through organic growth initiatives combined with selective strategic acquisitions.

Follow Pro-Seal Asphalt Contractors on social media at:
Facebook: https://www.facebook.com/ProSealSC/
LinkedIn: https://www.linkedin.com/company/pro-seal-asphalt-contractors/
Pro-Seal Asphalt Contractors Website: https://prosealsc.com/
APRIL 12, 2023

Press Release – Atlantic Southern Paving & Sealcoating Acquires California Paving Company

FT. LAUDERDALE, Fla.Jan. 25, 2021 /PRNewswire/ — Atlantic Southern Paving and Sealcoating (“Atlantic Southern,” or the “Company”), a premier national commercial paving maintenance company headquartered in Fort Lauderdale, FL, announced today that it has acquired Emerald Paving Company (“Emerald”) based in Westminster, California. Emerald marks Atlantic Southern’s first acquisition as it expands its presence into new geographic markets to better serve its growing national customer base.

The addition of Emerald will allow the Company to broaden its presence in the Western United States, thereby enhancing service levels for customers across that geographic region. Emerald Paving has been providing pavement maintenance services to customers throughout the region for more than 20 years and during that time has established a strong reputation for providing high quality paving services.

Derek Davis, CEO of Emerald, shared his excitement at joining Atlantic Southern: “I speak for all of my colleagues at Emerald when I state how pleased I am to become an integral part of the Atlantic Southern team.  I am confident that our expanded national reach will allow us to offer an even stronger service proposition to all of our customers.”

“We are proud to partner with Emerald and all of its service associates,” stated Atlantic Southern’s CEO, Michael J. Curry Jr.  “Their excellent reputation is well known in the Western United States, and will offer us a solid platform for expansion.  We look forward to working with Derek and the entire team at Emerald to keep growing our collective business.”

In August of 2019, Atlantic Southern announced it had partnered with Harbor Beach Capital, a middle market private equity firm with proven experience of driving organic and acquisition growth in middle market businesses. This latest acquisition is well aligned with this partnership and the shared commitment of expanding the geographic footprint of Atlantic Southern and its national service offerings.

About Atlantic Southern Paving and Sealcoating
Headquartered in Ft. Lauderdale, Florida, Atlantic Southern is a leading full-service commercial pavement maintenance and parking lot construction services company. Atlantic Southern offers its services throughout all 50 states and Puerto Rico. The Company’s services include ADA modification, asphalt paving, asphalt repairs, concrete, crack sealing, drainage, pavement marking, sealcoating, signage, speed bumps, and striping. For more information on Atlantic Southern Paving and Sealcoating, please contact Laura Lessey at 954-581-5805 or visit www.AtlanticSouthernPaving.com
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Press Release -Atlantic Southern Paving & Sealcoating Acquires Paradise Asphalt Maintenance

FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–Atlantic Southern Paving and Sealcoating (“Atlantic Southern,” or the “Company”), a premier national commercial paving company headquartered in Fort Lauderdale, FL, has acquired Paradise Asphalt Maintenance (“Paradise”), headquartered in Grandview, MO. Paradise has provided Kansas City with the highest quality pavement maintenance services in the area and brings more than 35 years of experience to the Atlantic Southern team. In addition to managing Paradise, Matt Slawson will act as Vice President of Special Projects at Atlantic Southern, assisting with company-wide operations.

“Matt and his team have built an exceptional reputation in the Kansas City market. We are excited to enter this high growth area and partner with Matt to accelerate growth in all our Atlantic Southern companies.”

Atlantic Southern’s CEO, Michael J. Curry Jr., said “Matt and his team have built an exceptional reputation in the Kansas City market. We are excited to enter this high growth area and partner with Matt to accelerate growth in all our Atlantic Southern companies.”

Paradise is Atlantic Southern’s sixth acquisition of 2022, solidifying its position as one of the largest and fastest growing pavement maintenance providers in the United States. In addition to this transaction, Atlantic Southern acquired Superior Blacktop Services, C&T Paving and Pavement Exchange Group in April, Black Diamond Paving & Concrete in June, and Massey Asphalt Paving in July.

In 2019, Atlantic Southern partnered with Harbor Beach Capital, a middle-market private equity firm with a proven track record of driving organic and acquisition growth in middle-market businesses. The partnership’s mission is to continue expanding Atlantic Southern’s geographic footprint while also enriching its national service offerings to a growing customer base.

About Atlantic Southern Paving and Sealcoating

Headquartered in Ft. Lauderdale, Florida, Atlantic Southern is a leading, full-service commercial pavement maintenance and parking lot construction services company. Atlantic Southern offers its services throughout all 50 states and Puerto Rico. The Company’s services include ADA modification, asphalt paving, asphalt repairs, concrete, crack sealing, drainage, pavement marking, sealcoating, signage, speed bumps, and striping. For more information on Atlantic Southern Paving and Sealcoating, please call 954-581-5805 or visit www.AtlanticSouthernPaving.com.

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Press Release – Atlantic Southern Paving & Sealcoating Acquires Black Diamond Paving & Concrete

Atlantic Southern Paving and Sealcoating announces its continued expansion in California with the acquisition of Black Diamond Paving & Concrete.

FT. LAUDERDALE, Fla.June 22, 2022 /PRNewswire/ — Atlantic Southern Paving and Sealcoating (“Atlantic Southern,” or the “Company”), a premier national commercial paving company headquartered in Fort Lauderdale, FL, announced today that it has acquired Black Diamond Paving & Concrete (“Black Diamond”), headquartered in Hayward, CA with an additional office in Escondido, CA.  Black Diamond has earned a stellar reputation in Northern and Southern California, utilizing its unique “Diamond Standard” process.

Atlantic Southern’s CEO, Michael J. Curry Jr., stated “We are thrilled to add Black Diamond to the Atlantic Southern team and continue our expansion in California. It’s a great business fit with our long-term goals in the region.”

This is Atlantic Southern’s fourth acquisition this year as it continues to expand into new geographic markets. In addition to this transaction, Atlantic Southern acquired Superior Blacktop Services, C&T Paving and Pavement Exchange Group in April.

In 2019, Atlantic Southern partnered with Harbor Beach Capital, a middle market private equity firm with a proven track record of driving organic and acquisition growth in middle market businesses. The partnership’s mission is to continue expanding Atlantic Southern’s geographic footprint while also enriching its national service offerings to a growing customer base.

About Atlantic Southern Paving and Sealcoating

Headquartered in Ft. Lauderdale, Florida, Atlantic Southern is a leading, full-service commercial pavement maintenance and parking lot construction services company. Atlantic Southern offers its services throughout all 50 states and Puerto Rico. The Company’s services include ADA modification, asphalt paving, asphalt repairs, concrete, crack sealing, drainage, pavement marking, sealcoating, signage, speed bumps, and striping. For more information on Atlantic Southern Paving and Sealcoating, please call 954-581-5805 or visit www.AtlanticSouthernPaving.com

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Press Release – Atlantic Southern Paving & Sealcoating Acquires Massey Asphalt Paving

Atlantic Southern Paving and Sealcoating announces expansion into Alabama with the acquisition of Massey Asphalt Paving.

FORT LAUDERDALE, Fla.–(BUSINESS WIRE)–Atlantic Southern Paving and Sealcoating (“Atlantic Southern,” or the “Company”), a premier national commercial paving company headquartered in Fort Lauderdale, FL, has acquired Massey Asphalt Paving (“MAP”), headquartered in Trussville, AL. For more than 50 years MAP has provided the Central Alabama area with the highest quality commercial asphalt services, including paving, patching, striping, and milling.

“Trey Massey and the entire MAP team have built a fantastic business with a long and successful legacy in Alabama. We believe there is enormous potential in that market and are thrilled to partner with MAP to drive even greater growth.”

Atlantic Southern’s CEO, Michael J. Curry Jr., said, “Trey Massey and the entire MAP team have built a fantastic business with a long and successful legacy in Alabama. We believe there is enormous potential in that market and are thrilled to partner with MAP to drive even greater growth.”

MAP is Atlantic Southern’s fifth acquisition of 2022, solidifying its position as one of the largest and fastest growing pavement maintenance providers in the Southeastern United States. In addition to this transaction, Atlantic Southern has previously acquired Superior Blacktop Services, C&T Paving and Pavement Exchange Group in April, and Black Diamond Paving & Concrete in June.

In 2019, Atlantic Southern partnered with Harbor Beach Capital, a middle market private equity firm with a proven track record of driving organic and acquisition growth in middle market businesses. The partnership’s mission is to continue expanding Atlantic Southern’s geographic footprint while also enriching its national service offerings to a growing customer base.

About Atlantic Southern Paving and Sealcoating

Headquartered in Ft. Lauderdale, Florida, Atlantic Southern is a leading, full-service commercial pavement maintenance and parking lot construction services company. Atlantic Southern offers its services throughout all 50 states and Puerto Rico. The Company’s services include ADA modification, asphalt paving, asphalt repairs, concrete, crack sealing, drainage, pavement marking, sealcoating, signage, speed bumps, and striping. For more information on Atlantic Southern Paving and Sealcoating, please call 954-581-5805 or visit www.AtlanticSouthernPaving.com

Press Release – Massey Asphalt Paving sells business to Florida-based company

Screen Shot 2022 08 01 at 2.52.41 PMBy Hannah Curran, Editor

TRUSSVILLE — Massey Asphalt Paving (MAP) sold its business to the Florida-based paving company on Tuesday, July 26.

(Photo courtesy of Massey Asphalt Paving Facebook Page)

Former owner of MAP, Trey Massey, explained they sold the company to Atlantic Southern Paving and Sealcoating.

“What this means is they are acquiring us, but we’re going to remain the same,” Massey said. “Same name, same operations, just more of an investment on their part.”

Atlantic Southern Paving has a national presence, and Massey said they broker asphalt in all 50 states and the Dominican Republic.

“They have their own asphalt operations and houses,” Massey said. “I believe they’re in six or seven states now.”

The company will remain MAP, and Massey signed a contract with them for two years. However, Massey explained that the goal now is to grow.

“The goal is to continue to grow Massey Asphalt through Central and North Alabama,” Massey said. “Whether it’s organically or by acquisition, as I said, it’s going to remain Massey Asphalt.”

Massey said that Atlantic Southern Paving would provide them with resources and the financial capability to expand and grow north of Trussville. Massey said the company would grow, and the opportunities to add more crews are inevitable.

“We’re going to keep everything as we’ve been doing and just trying to expand to more of the maintenance, more like big box store that’s kind of their specialty; to mill, grind, existing parking lots for Walmart, Home Depot, Lowe’s, Best Buy, stores like that,” Massey said. “So their specialty is kind of rehabbing those parking lots, milling and repaving them. So we’ll start to probably expand into that with another crew immediately and then see where we go from there.”

Massey said this was a great opportunity for MAP.

“I wouldn’t have entertained this if I didn’t think it was good for the employees that have been so good to me,” Massey said. “So that was my number one goal going into this because it wasn’t a sale out of desperation; it was a sell out of opportunity.

Atlantic Southern Paving was interested in the way MAP does things, and Massey is thankful for that opportunity.

“They were buying our history and the growth we’ve had the last few years,” Massey said. “Massey Asphalt is important to this region. I am bragging on my employees, we are known in this region, and that’s the appeal for [Atlantic Southern Paving] to buy the name.”

According to the Birmingham Business Journal, MAP is the fifth company Atlantic Southern has acquired this year.

“We believe there is enormous potential in that market and are thrilled to partner with MAP to drive even greater growth,” Atlantic Southern CEO Michael J. Curry told the Birmingham Business Journal.

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Press Release – Atlantic Southern Paving & Sealcoating Acquires Three Paving Companies in the Carolinas

Atlantic Southern Paving and Sealcoating announces expansion to the Carolinas with the acquisition of Superior Blacktop Services, Pavement Exchange Group, and C&T Paving.

FORT LAUDERDALE, Fla.April 25, 2022 /PRNewswire/ — Atlantic Southern Paving and Sealcoating (“Atlantic Southern,” or the “Company”), a premier national commercial paving company headquartered in Fort Lauderdale, FL, announced today that it has acquired Superior Blacktop Services based in Summerville, SC; Pavement Exchange Group based in Charlotte, NC; and C&T Paving based in Asheville, NC. All three companies garnered outstanding reputations for providing high quality pavement maintenance.  Superior and C&T Paving primarily serve the Carolina markets, while Pavement Exchange Group adds to Atlantic Southern’s growing national service footprint.

Atlantic Southern’s CEO, Michael J. Curry Jr., stated “We are very excited to welcome these three fantastic companies to the Atlantic Southern team. They are a great fit for our strategic vision and will meaningfully enhance our capabilities in the Carolinas.” All three companies’ leadership are staying onboard in these acquisitions.

This will take Atlantic Southern’s acquisitions to five companies in just over a year as they continue to expand into new geographic markets. In addition to these three recent transactions, Atlantic Southern Paving acquired Emerald Paving based out of California in January 2021 and Murphree Paving based out of Mississippi in September 2021.

In 2019, Atlantic Southern partnered with Harbor Beach Capital, a middle market private equity firm with a proven track record of driving organic and acquisition growth in middle market businesses. This partnership’s mission is to continue to expand Atlantic Southern’s geographic footprint as well as enrich their national service offerings to their growing customer base.

About Atlantic Southern Paving and Sealcoating
Headquartered in Ft. Lauderdale, Florida, Atlantic Southern is a leading, full-service commercial pavement maintenance and parking lot construction services company. Atlantic Southern offers its services throughout all 50 states and Puerto Rico. The Company’s services include ADA modification, asphalt paving, asphalt repairs, concrete, crack sealing, drainage, pavement marking, sealcoating, signage, speed bumps, and striping. For more information on Atlantic Southern Paving and Sealcoating, please contact Laura Lessey at 954-581-5805 or visit www.AtlanticSouthernPaving.com

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