AEA Investors and BCI Acquire Pave America

Fried Frank advised AEA Investors' (AEA) Middle Market Private Equity team on its acquisition, together with British Columbia Investment Management Corporation (BCI), of Pave America, LLC, a leading commercial paving maintenance services provider, from Trivest Partners and Shoreline Equity Partners. This acquisition solidifies Pave America's position as the largest provider of commercial paving maintenance services in the US, with 27 branches and self-perform capabilities in 43 states, offering a full suite of maintenance and new construction services to local and national customers. For more information, read the companies' press release.

The cross-border Fried Frank team was led by partners Steven Steinman and P. Ryan Messier.