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. For more details or to schedule an estimate, they can be contacted via phone or email.
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 Group
Generational Group, headquartered in Dallas, is a leading, award-winning, full-service business advisory firm. With more than 350 professionals located throughout 17 offices in North America, the company helps business owners release their business’ wealth by providing growth consulting, merger, acquisition, and wealth management services. The Generational suite of advisory services includes strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A services, digital services, and wealth management. For more information visit generational.com.
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Contacts
Jenna Gaston
469-694-8764
jgaston@generational.com
