Macadam Company, Inc.

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Macadam Company, Inc. - overview

Established

1986

Location

Malvern, PA, US

Primary Industry

Construction

About

Macadam Company, Inc. is a US-based provider of asphalt and concrete solutions, focusing on pavement maintenance services for commercial clients. They specialize in diverse offerings such as paving, resurfacing, and drainage solutions. Founded in 1986 and headquartered in Malvern, US, Macadam Company, Inc.


delivers asphalt and concrete services. The company has successfully completed one deal, with the most recent transaction dated June 19, 2025. The firm's operations have remained consistent since inception, focusing on the pavement maintenance industry. The founder's history is not publicly documented, and there are no known subsidiaries or parent companies.


Macadam Company specializes in a comprehensive range of asphalt and concrete services, positioning itself as a leader in pavement maintenance solutions. The company offers key services including asphalt paving, resurfacing, milling, and both partial and full-depth reconstruction, aimed at meeting the diverse needs of commercial clients. Additionally, they provide drainage solutions such as storm water inlet repair, installation of sub-surface drains, and trench drains, enhancing the functionality and longevity of paved surfaces. Their concrete offerings include the construction of sidewalks, curbing, ramps, and ADA compliant solutions, catering to a client base that spans commercial enterprises in Pennsylvania, New Jersey, Delaware, and Maryland.


With over 30 years of operation, Macadam Company addresses the pavement maintenance challenges faced by property owners and managers, ensuring compliance with regulatory standards while improving the overall value of their properties. Macadam Company's revenue model is primarily structured around project-based transactions with commercial clients, focusing on B2B engagements. The company engages in direct contracts for services such as asphalt paving and concrete installation, with each project tailored to the specific needs of the client. Pricing is determined by the scope of the project, which can range from simple repairs to extensive resurfacing and reconstruction tasks.


By providing high-quality commercial sealers and DOT-approved crack sealants along with their other services, Macadam Company ensures a value proposition that appeals to a variety of clients, including property management companies and commercial developers. The structured nature of their offerings allows for clear expectations and deliverable timelines, fostering long-term partnerships within the Mid-Atlantic region. In June 2025, Heartland Paving Partners, a portfolio company of Northwood Ventures, Brookfield Asset Management, and Soundcore Capital Partners, acquired Macadam Company, Inc. Financial terms were not disclosed.


The acquisition enables Heartland Paving Partners to expand its pavement construction reach. Plans for future growth include the introduction of new product lines designed to enhance the durability of pavement solutions, with expected launches planned for late 2025. The company is also exploring expansion into new markets, specifically targeting states in the Northeast and Southeast regions of the US by early 2026, leveraging the recent funding to support these initiatives.


Current Investors

Heartland Paving Partners

Primary Industry

Construction

Sub Industries

Construction

Website

www.macadam.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Macadam Company, 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-onCompletedMacadam Company, Inc.-

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