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Heartland Paving Partners acquires Poblocki Paving

May 06, 2025•2 months ago

Acquiring Company

Heartland Paving Partners

Acquired Company

Poblocki Paving Corporation

ChicagoWest AllisBuilding MaintenanceConstructionBuilding MaterialBuilding MaintenanceConstructionManufacturing

Description

Heartland Paving Partners has announced the acquisition of Poblocki Paving Corporation, enhancing its presence in the Upper Midwest. This acquisition allows Poblocki to operate as a Heartland Paving Partner, benefiting from expanded capabilities and resources. The move is aimed at strengthening both companies' growth and service delivery in the paving industry.

Company Information

Company

Heartland Paving Partners

Location

Chicago, Illinois, United States

About

Heartland Paving Partners is a leading provider of commercial asphalt and concrete maintenance and repair services across the upper Midwest. The company is committed to delivering high-quality, cost-effective solutions, fostering solid partnerships within the industry, and supporting the growth and development of its local operating divisions and team members. Heartland is a platform investment of Soundcore Capital Partners.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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