Acquiring Company
Atlantic Southern Paving and Sealcoating
Acquired Company
Massey Asphalt Paving
Real EstateFinancial ServicesGovernment And Military
Description
Atlantic Southern Paving and Sealcoating (“Atlantic Southern,” or the “Company”), a premier national commercial paving company headquartered in Fort Lauderdale, FL, has acquired Massey Asphalt Paving (“MAP”), headquartered in Trussville, AL. For more than 50 years MAP has provided the Central Alabama area with the highest quality commercial asphalt services, including paving, patching, striping, and milling.
M&A Insights
Based on deal dataIntegration 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