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Atlantic Southern Paving & Sealcoating Acquires Three Paving Companies In The Carolinas

Apr 25, 2022•about 3 years ago

Acquiring Company

Atlantic Southern Paving and Sealcoating

Acquired Company

Atlantic Southern Paving and Sealcoating

Real EstateFinancial ServicesGovernment And MilitaryReal EstateFinancial ServicesGovernment And Military

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 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.

Company Information

Company

Atlantic Southern Paving and Sealcoating

About

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

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