Tupelo Data Room
Heavy Construction
Active

NEW PLATFORM OR ADD ON / Paving Business / TTM $17.8M Revenue

Texas, United States
Asking Price-
Revenue$17.84m
EBITDA$2.82m
Cash Flow$2.82m
Description
NEW PLATFORM OR ADD ON / Paving Business / TTM $17.8M Revenue NEW PLATFORM (OR ADD ON) Opportunity / West Texas PAVING FOCUSED & Infrastructure Services Platform / ~$18M Revenue / ~$2.8M EBITDA / Clear Path to $50M+ Scale / Proven Buy-and-Build Flywheel NO INDEPENDENT SPONSORS OR SEARCH FUNDS EXISTING PLATFORMS, DEDICATED PE FUNDS or FAMILY OFFICES ONLY Company Overview A vertically integrated asphalt paving, concrete, and site work contractor serving a high-growth energy and infrastructure corridor in West Texas. Founded more than 45 years ago, the business has developed a strong regional reputation across municipal, commercial, industrial, and residential markets through consistent execution, rapid response capability, and long-standing customer relationships. The company operates a fully integrated service model spanning dirt work, grading, base work, asphalt paving, concrete, sealcoating, and recycled asphalt production. Unlike many regional competitors, the platform self-performs nearly all major scopes of work, enabling enhanced project margins, scheduling control, and operational efficiency. The business maintains a diversified customer base with approximately 50% of revenue generated from municipal and county infrastructure work and the remaining 50% from private commercial, industrial, subdivision, and energy-related customers. The company benefits from durable regional demand drivers tied to infrastructure investment, population growth, and ongoing oil & gas activity. Key differentiators include: * 45+ year operating history with multi-generational ownership * Vertically integrated operating model with in-house paving, dirt work, concrete, and recycled asphalt capabilities * Established municipal relationships and strong private bid win rates * Two paving crews, two dirt crews, and one concrete crew * Approximately 64 employees * Strategic positioning in one of the fastest-growing infrastructure corridors in Texas * Significant acquisition and roll-up potential in a highly fragmented market Key KPIs * ~$17.8M 2025 Revenue * ~$2.82M 2-Year Average Adjusted EBITDA * ~15.8% Avg. Adjusted EBITDA Margin * ~17.3% Peak Adjusted EBITDA Margin * +230% Revenue Growth (2021–2024) * ~64 Employees * ~100-Mile Service Radius * ~50/50 Municipal vs. Private Revenue Mix * ~60–70% Private Bid Win Rate * 10 Integrated Service Lines * 4,000+ Tons of Recycled Asphalt Inventory * Clear Path to $50M+ Regional Platform Through Organic Growth & M&A
Asking Price-