An affiliate of private equity firm Harbor Beach Capital (Harbor Beach) has made an investment in Atlantic Southern Paving (ASP). The transaction was completed in partnership with ASP’s Chief Executive Officer, Michael Curry, as well Aldine Capital Partners.
Based in Broward County, Florida, ASP has been a leading provider of pavement maintenance and construction services in Florida, and nationally, for over 25 years. The business, founded by Mickey Curry in 1992, has evolved into a key partner to commercial and municipal customers by providing outsourced pavement maintenance planning, as well as repair, maintenance and construction services to customers including retailers, hotel chains, restaurants and REITS in South Florida and throughout the United States.
“I’m excited to partner with Harbor Beach,” says ASP CEO Michael Curry. “They have significant expertise in partnering with growth-oriented companies and they share our team’s vision to create a larger paving business through continued organic growth, complemented by strategic add-on acquisitions.”
“We are exceptionally pleased to have the opportunity to partner with Mike Curry, his brother and Vice President of National Sales, Dan, Chief Operating Officer Terry Smith and the rest of ASP’s talented management team. The company’s longstanding reputation for excellent service, coupled with management’s ‘can-do’ attitude and successful track record of profitable growth make this a compelling opportunity for us,” says Harbor Beach Managing Partner Brian Urbanek.
Harbor Beach partnered with Aldine Capital Partners and Enterprise Bank & Trust on the transaction.
