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Pave America Strengthens Presence in Atlanta with Partnership with Magnum Paving

Gracie Gottlieb | 6 February, 2024

Pave America, a leading provider of asphalt and concrete solutions, has announced a strategic partnership with Magnum Paving, a premier pavement service provider based in Villa Rica, GA. The partnership will further enhance Pave America's presence in the greater Atlanta area and allow them to better serve commercial and municipal customers.

The President of Magnum Paving, Tyler Dickinson, expressed his excitement about the partnership, stating that Pave America's resources and small company values align perfectly with Magnum's culture. Dickinson will also continue to play an active leadership role in the business going forward.

Tom York, CEO of Pave America, praised Magnum Paving's commitment to customer satisfaction, which led to the decision to explore a partnership. The integration of Magnum's team into Pave America's family of companies will not only strengthen their presence in Atlanta but also expand their capabilities.

Paul Garner, President of Pave America, acknowledged Tyler Dickinson's success in building a company focused on personal relationships with customers. Garner emphasized the honor of being chosen as a partner to continue Magnum's legacy and looks forward to working with the experienced team.

Pave America is a leading provider of asphalt and concrete solutions, offering a range of services including maintenance, repair, milling, striping, and sealcoating. With over 2,800 employees, Pave America has nationwide coverage through a combination of self-perform and outsourced vendor models. The company primarily serves commercial, industrial, HOA, utility, and municipal customers.

Trivest Partners, one of the oldest private investment firms in the Southeastern United States, is the portfolio company of Pave America. Trivest has been supporting and fostering the growth of founder-led and family-owned businesses since 1981.

Shoreline Equity Partners, a lower middle market private equity firm, actively partners with leading management teams to create mutually beneficial outcomes for all stakeholders. With over $750 million of committed capital under management, Shoreline aims to lead equity investments of up to $150 million per transaction.

In summary, the partnership between Pave America and Magnum Paving signifies a significant step towards expanding their presence in Atlanta and delivering enhanced pavement services to commercial and municipal customers. Pave America's expertise in asphalt and concrete solutions, combined with Magnum's exceptional track record, positions the partnership for success in the greater Atlanta area.

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