Fort Point Capital has completed a recapitalization of Gulf Pride Paving to support its growth ambitions. The strategic partnership aims to enhance Gulf Pride's service offerings and geographic reach across the Gulf Coast.
Acquiring Company
Fort Point Capital
Acquired Company
Gulf Pride Paving
BostonGulfportFinancial ServicesFinanceVenture CapitalAngel InvestmentConstructionBuilding MaintenanceBuilding MaterialCivil EngineeringDescription
Fort Point Capital, a private equity firm based in Boston, has invested in Gulf Pride Paving, LLC, led by CEO Michael Jenner and founder BJ Sellers. This recapitalization will enable Gulf Pride to accelerate its growth while continuing to provide excellent service to its customers. Gulf Pride specializes in paving, civil construction, soil stabilization, and concrete work in the Gulf Coast region. The partnership is expected to enhance Gulf Pride's capabilities and expand its geographic footprint.
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Frequently asked
Who acquired Gulf Pride Paving?
Gulf Pride Paving was acquired by Fort Point Capital, based in Boston. The deal was reported on November 4, 2026. Fort Point Capital is a Boston-based private equity firm that employs a management-led, growth-oriented approach to private equity investing. Fort Point Capital is privately held and operates in Financial Services.
When did Fort Point Capital acquire Gulf Pride Paving?
Fort Point Capital's acquisition of Gulf Pride Paving was reported on November 4, 2026. Fort Point Capital, a private equity firm based in Boston, has invested in Gulf Pride Paving, LLC, led by CEO Michael Jenner and founder BJ Sellers. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Gulf Pride Paving do?
Gulf Pride Paving is a leader in paving, civil construction, soil stabilization and concrete services, offering customers a complete surface infrastructure solution. It is privately held, operating in Construction, and is based in Gulfport.
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