Pave America adds Bennett Paving
Adds an asphalt paving and maintenance contractor serving commercial, industrial, and municipal customers in South Carolina's Greenville-Spartanburg and Hilton Head-Lowcountry markets.
Takeaways
- Bennett Paving is a asphalt paving and pavement maintenance contractor.
- Pave America is acquiring Bennett Paving with backing from AEA Investors.
- The target serves commercial, industrial, and municipal customers across South Carolina.
AEA Investors-backed Pave America has acquired Bennett Paving, an asphalt paving and pavement maintenance contractor operating in the Greenville-Spartanburg and Hilton Head-Lowcountry regions of South Carolina.
The company serves commercial, industrial, and municipal customers across the state.
Founded in 1978, Bennett Paving was led by Jerry Porter and David Glenn, who will continue with the business.
Pave America, a provider of asphalt and concrete maintenance, repair, milling, striping, and sealcoating services, has over 2,500 employees and nationwide coverage.
Eversheds Sutherland served as legal counsel to Pave America, with Riveron Consulting providing financial and tax diligence.
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