Sunland Asphalt completes acquisition of Metro Pavers, Inc. to strengthen its position in Colorado market

Dec 03, 2024•9 months ago

Acquiring Company

Sunland Asphalt

Acquired Company

Metro Pavers

Phoenix

DenverBuilding MaterialConstructionBuilding MaterialBuilding MaintenanceConstruction

Description

Leading middle-market private equity firm Huron Capital announced that its portfolio company, Sunland Asphalt, has acquired Metro Pavers, Inc. This strategic acquisition will strengthen Sunland’s position in the Colorado market and expand its capability to provide asphalt maintenance and paving services.

Company Information

Company

Sunland Asphalt

Location

Phoenix, Arizona, United States

About

Sunland Asphalt is a leading provider of asphalt paving and maintenance services with a strong presence in Arizona, Colorado, Nevada, New Mexico, and Georgia. With a history dating back to 1979, Sunland Asphalt offers a comprehensive suite of services including asphalt repairs, crack sealing, sealcoating, chip seal, milling, pulverizing, and reconstruction.

Related People

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