Asphalt Paving Company of Austin, Inc.

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Asphalt Paving Company of Austin, Inc. - overview

Location

-, TX, US

Primary Industry

Construction

About

Asphalt Paving Company of Austin, Inc. is a specialized contractor focused on paving solutions, delivering high-quality asphalt services for a diverse range of projects including roads, parking lots, and driveways. Asphalt Paving Company of Austin, Inc. operates primarily in Buda, US, offering asphalt paving solutions.


The company was acquired by Summit Materials, a portfolio company of Blackstone Group and Silverhawk Capital Partners, in November 2011. This acquisition marked a significant transition in the company’s operational strategy, facilitating growth in paving projects and services. Asphalt Paving Company of Austin, Inc. specializes in providing asphalt paving services, catering to both commercial and residential clients.


Their offerings include the construction and maintenance of roads, parking lots, and driveways, ensuring durable and high-quality surfaces that meet client specifications. The company engages with a variety of clients, from individual homeowners to large corporations, across multiple geographical areas. Asphalt Paving Company of Austin, Inc. generates revenue primarily through asphalt paving contracts, structured to accommodate various project sizes and scopes.


Specific revenue figures are not disclosed; however, the company’s operations focus on direct contracts with clients, ensuring steady income from completed paving projects. Looking ahead, Asphalt Paving Company of Austin, Inc. intends to expand its service offerings to include innovative paving technologies and solutions, with potential new products set to launch by the end of 2023. The company also plans to target expansion into new geographic regions, specifically focusing on markets in Texas and surrounding states by mid-2024.


Funding from the acquisition in November 2011 is expected to support these initiatives and facilitate enhanced operational capabilities.


Current Investors

Summit Materials

Primary Industry

Construction

Sub Industries

Construction

Website

www.asphaltpaving.liveonatt.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Asphalt Paving Company of Austin, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedAsphalt Paving Company of Austin, Inc.-

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