LAFAYETTE, LA - Massey Asphalt Paving (“MAP”), headquartered in Trussville, AL, has recently been acquired by Atlantic Southern Paving and Sealcoating (“Atlantic Southern”), a premier national commercial paving company headquartered in Fort Lauderdale, FL. Atlantic Southern engaged the BlackRose Group to identify and approach MAP.
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. The BlackRose Group worked collaboratively with Phoenix-based, Chuck Berg, to identify acquisition opportunities for the Company.
Brian Urbanek, Managing Partner of Harbor Beach Capital, commented, “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.”
Ken Miller, Co-Founder of the BlackRose Group, stated, “This is our second deal with Harbor Beach. We are thrilled to have introduced Massey Paving to the Atlantic Southern team. They are consummate professionals and have a terrific team. It is another example of BlackRose identifying a buy-side transaction."
About Harbor Beach Capital
Harbor Beach Capital is a private equity firm focused on partnering with management teams to provide capital and solutions to lower middle market businesses. For more information, please visit www.harborbeachcapital.com.
