Finn Dixon & Herling served as legal counsel to Shoreline Equity Partners and Trivest Partners and their portfolio company, Pave America, in the sale of Pave America to affiliates of AEA Investors and British Columbia Investment Management Corp.
Pave America is a leading provider of asphalt and concrete solutions including maintenance, repair, milling, striping, and sealcoating services. With more than 1600 employees, Pave America has nationwide coverage, with 27 branches and capabilities in 43 states. The company primarily serves commercial, industrial, HOA, utility, and municipal customers.
Additional information regarding the sale may be found in this press release issued by AEA Investors.
The FDH deal team included Corporate partners Charles J. Downey III and Colin S. McKeon and associates Cole Mayhew, Tarek Chatila, Harris Ahmad, Joanna Plerpa, Azadeh Amir-Aslani and Mike Papaleo. Other members of the FDH team include Executive Compensation, Benefits & Employment partner Jennifer A. Gong; Investment Management partners Reed W. Balmer and Claire Stevens and counsel Terry Lin; Tax partner Michael P. Spiro and associate Eitan Ulmer; and Debt Finance partners Christopher H. Craig and Tamu Lewis.