DescriptionNEW 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