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Atlantic Southern Paving & Sealcoating Acquires Black Diamond Paving & Concrete

Jun 22, 2022•about 3 years ago

Acquiring Company

Atlantic Southern Paving & Sealcoating

Acquired Company

Diamond Paving & Concrete

Description

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.

Company Information

Company

Atlantic Southern Paving & Sealcoating

About

Atlantic Southern Paving is a reputable paving company specializing in asphalt and concrete paving, repair, and maintenance services. With a strong presence in Florida and the Southeastern United States, the company is known for its commitment to quality workmanship, customer service, and sustainable paving solutions.

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