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Generational Group Advises SNG Pavement Marking, Inc. in Its Sale to Atlantic Southern Paving and Sealcoating Co
By Generational Group
08/20/2024
Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of its client, SNG Pavement Marking, Inc., to Atlantic Southern Paving and Sealcoating Co. The acquisition closed July 3, 2024.
Located in Gainesville, Florida, SNG Pavement Marking, Inc. has been a leader in asphalt and parking lot maintenance for over 40 years. They offer a variety of services, including sealcoating, thermoplastic application, striping, and work on athletic courts, asphalt, and concrete. The company is dedicated to meeting customer needs, regardless of project size.
Atlantic Southern Paving and Sealcoating, based in Sunrise, FL, is a premier asphalt contractor with nearly two decades of experience. They specialize in asphalt paving, sealcoating, repair, concrete work, ADA upgrades, site development, and parking lot maintenance. Known for their outstanding customer service and skilled crews, they cater to commercial, municipal, and residential projects. Their commitment to quality and customer satisfaction has earned them numerous accolades, including the Pavement Maintenance & Reconstruction Top Contractor Award.
Alex Mironov, Generational Group Managing Director, M&A, stated, “Buyer and seller have a long history of doing business together in the past, and we were excited to facilitate taking this relationship to the next level!”
Generational Group Executive Managing Director of M&A – Eastern Region, David Fergusson and his team, led by Managing Director, M&A, Alex Mironov, with the support of Vice President, M&A, Emil Nirkis, closed the deal. Executive Managing Director, Ed Weber, and Senior M&A Advisor, Peter Stone, established the initial relationship with SNG Pavement Marking, Inc.
Ryan Binkley, CEO of Generational Group, added, “This strategic partnership will drive growth and innovation for both companies. At Generational Group, we are proud to facilitate such impactful acquisitions.”
About Generational
Headquartered in Dallas, Generational is one of the leading M&A advisory firms in North America.
With more than 350 professionals located throughout 17 offices in North America, the companies help business owners release the wealth of their business by providing growth consulting, merger, acquisition, and wealth management services. Their six-step approach features strategic and tactical growth consulting, exit planning education, business valuation, value enhancement strategies, M&A transactional services, and wealth management.
The M&A Advisor named the company Investment Banking Firm of the Year three years in a row, Valuation Firm of the Year in 2020, and North American Investment Bank of the Year in 2022 as well as Consulting Firm of the Year. For more information, visit https://www.generational.com.