
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
Generational Group, headquartered in Dallas, TX, is a leading, award winning full-service M&A advisory firm. Generational has over 300 professionals across 16 offices in North America. The firm empowers business owners to unlock the full value of their companies through a comprehensive suite of services—including strategic growth consulting, exit planning education, business valuation, value enhancement strategies, M&A advisory, digital solutions, and wealth management.
Celebrating its 20th year, Generational has successfully closed over 1,700 transactions and has ranked #1 or #2 in all LSEG league tables for deals valued between $25 million and $500 million in 2022, 2023, and 2024.
The firm was named 2024 USA Investment Banking Firm of the Year by the Global M&A Network and recognized as Investment Banking Firm of the Year by The M&A Advisor in both 2024 and 2022.