Grove Mountain Partners has sold Central States Paving and Concrete, LLC to Pave America while retaining a significant equity stake and the existing management team to support future growth.

Information on the Target

Central States Paving and Concrete, LLC (CSPC), a prominent player in the paving and concrete industry, has demonstrated impressive growth over the past two years. Under the leadership of an experienced management team committed to customer service and employee support, CSPC has established itself as a reliable provider of construction solutions in its operating regions.

This company forms a crucial part of Grove Mountain Partners' investment strategy, which emphasizes collaboration with strong management teams to build successful organizations. With its recent sale to Pave America, CSPC aims to accelerate its growth trajectory while maintaining continuity through its existing leadership.

Industry Overview in the United States

The home service and specialty business service industries in the United States are characterized by robust demand driven by infrastructure needs, urbanization, and maintenance requir