Unitex Asphalt Services

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Unitex Asphalt Services - overview

Established

1980

Location

Downingtown, PA, US

Primary Industry

Construction

About

Unitex Asphalt Services is a specialized construction firm focused on providing high-quality asphalt paving and related services to commercial clients, ensuring durability and aesthetic appeal in their projects. Founded in 1980, Unitex Asphalt Services operates in Downingtown, US, focusing on asphalt paving and related construction services. The company has remained consistent in its offerings since inception and has not undergone any notable strategic pivots. Unitex was formed independently, and as of January 2025, it was acquired by Rose Paving/Atlantic Southern Paving and Sealcoating, a portfolio company of Tenex Capital Management and Harbor Beach Capital.


Financial terms of this acquisition have not been disclosed. Unitex Asphalt Services specializes in a comprehensive range of construction services with a primary focus on asphalt paving. Their offerings include sealcoating, concrete installation, excavation, waterproofing, and masonry, addressing diverse exterior building needs for clients. Targeting mainly commercial property owners and managers in the Tri-State Area, their services cater to both new construction and maintenance, ensuring solutions meet the demands for durability and aesthetic appeal since 1980.


Unitex Asphalt Services generates revenue through direct contracts with commercial clients using a project-based transaction structure. Engaging in B2B relationships, the company provides large-scale asphalt paving and maintenance contracts. Clients request detailed project proposals, which specify service scopes, timelines, and costing. Unitex’s pricing is competitive and tailored to project specifications, contributing to a strong reputation for reliability and client retention within the market.


On January 27, 2025, Unitex Asphalt Services was acquired by Rose Paving/Atlantic Southern Paving and Sealcoating. This acquisition is expected to enable Unitex to enhance its growth. While specific new products or geographic expansions have not been detailed, the acquisition represents a strategic move aimed at positioning the company for future development and market presence.


Current Investors

Rose Paving/Atlantic Southern Paving and Sealcoating

Primary Industry

Construction

Sub Industries

Construction

Website

www.unitexservices.com/

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Unitex Asphalt Services - 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-onCompletedUnitex Asphalt Services-

Displaying 1 - 1 of 1

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.