Huron Capital s High Street Insurance Partners Makes Two Acquisitions dbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dbusiness.com Daily Mail and Mail on Sunday newspapers.
Huron Capital Partners has acquired Phoenix-based ACE Asphalt, a provider of parking lot maintenance & repair and comprehensive site development services for paved and concrete surfaces.
Huron Capital Acquires Arizona Asphalt Enterprise to Bolster Reach in Southwest U S dbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dbusiness.com Daily Mail and Mail on Sunday newspapers.
Huron Capital s Sunland Asphalt Gains Scale with the Acquisition of Ace Asphalt
Sunland and Ace expand services as operations are merged; strengthening the combined company s industry position and expanding its geographic presence
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DETROIT, March 8, 2021 /PRNewswire/ Huron Capital Partners LLC ( Huron Capital ), a prominent lower middle-market private equity firm, announced today that it has acquired ACE Asphalt of Arizona, Inc. ( Ace ) with plans to merge the company with its infrastructure services platform Sunland Asphalt & Construction, Inc. ( Sunland ), a leading asphalt producer and paving solutions provider based in Phoenix, Arizona.
Founded in 1966, Phoenix-based Ace provides parking lot maintenance & repair and comprehensive site development services for paved and concrete surfaces in five southwestern states: Arizona, Texas, Nevada, New Mexico and Oklahoma.
Huron Capital asphalt platform company gains scale with new acquisition
Sunland Asphalt
“Given its fragmentation and strong secular tailwinds, infrastructure services is an area we’ve been targeting for several years,” Huron Capital Managing Partner Jim Mahoney said in the news release announcing the acquisition.
Huron Capital Partners LLC has begun to leverage the acquisition of a Sun Belt region asphalt company it bought earlier this year.
The Detroit-based private equity firm announced Monday that its Arizona-based infrastructure services platform company, Sunland Asphalt & Construction Inc., has acquired Ace Asphalt of Arizona Inc. The Phoenix-based Ace does parking lot maintenance and overall site development services around the Southwest region.