logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

Atlantic Southern Paving & Sealcoating Acquires Paradise Asphalt Maintenance

Oct 17, 2022•about 3 years ago

Acquiring Company

Atlantic Southern Paving and Sealcoating

Acquired Company

Paradise Asphalt Maintenance

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 Paradise Asphalt Maintenance (“Paradise”), headquartered in Grandview, MO. Paradise has provided Kansas City with the highest quality pavement maintenance services in the area and brings more than 35 years of experience to the Atlantic Southern team. In addition to managing Paradise, Matt Slawson will act as Vice President of Special Projects at Atlantic Southern, assisting with company-wide operations.

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