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Atlantic Southern Paving & Sealcoating Acquires Southeastern-Based Paving Company

Sep 13, 2021•over 4 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 maintenance company headquartered in Fort Lauderdale, FL, announced today that it had acquired Murphree Paving ("Murphree") based in Tupelo, Mississippi. Murphree marks Atlantic Southern's second acquisition as it continues to expand its presence in the southeastern United States market and beyond.

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