#United States #Chicago #Acquisition #Heartland Paving #Macadam Company

Heartland Paving Partners Expands its Footprint with Strategic Acquisition

In a significant move to enhance its operational capabilities and market reach, Heartland Paving Partners has recently announced its acquisition of Macadam Company, a well-respected provider of pavement solutions. This strategic partnership reflects Heartland's commitment to expanding its services while maintaining quality and customer trust, particularly in the Mid-Atlantic region.

A Legacy of Quality and Trust

For nearly four decades, Macadam Company has established a robust reputation in the pavement industry, serving areas across Pennsylvania, New Jersey, Delaware, and Maryland. Known for its high-quality asphalt and concrete services, including drainage, sealcoating, and line striping, Macadam stands out as a one-stop solution for commercial paving clients. The acquisition will allow Heartland to harness Macadam's deep community ties and experience to deliver superior services across a wider geographic area.

Alex Demos, the Interim CEO of Heartland Paving Partners, expressed enthusiasm about the partnership, stating, "At Heartland, we pave the way by partnering with companies that lead with integrity, pride, and purpose. Macadam brings a culture of reliability and craftsmanship that aligns with everything we value. Their team is respected, experienced, and rooted in the communities they serve. We are proud to welcome them as part of the Heartland team."

Setting Up for Long-Term Growth

Mark Bevevino, the founder and president of Macadam Company, expressed optimism about the future following the acquisition. "This move is about setting Macadam up for the long run. We've built something strong, and now we're plugging into a network that brings new capabilities, broader reach, and the resources to help us grow. What matters most stays the same — our team, our standards, and how we take care of our customers."

This commitment to maintaining high standards while expanding is reflected in the operational strategy moving forward. Macadam will continue to operate under its established name, becoming a key component of Heartland's broader operations. The experienced leadership team at Macadam, including Bevevino, Jeff Bevevino, and Pete Himmelreich, will remain at the helm, ensuring continuity in service and quality that customers have come to expect over the years.

Benefits of the Acquisition

The acquisition of Macadam Company brings several advantages:

• - Expanded Service Offerings: Customers will benefit from an enhanced portfolio of services, thanks to the complementary nature of both companies' capabilities.
• - Increased Geographic Coverage: The merger allows Heartland to increase its footprint in the Mid-Atlantic, providing opportunities to serve a larger clientele.
• - Access to Essential Resources: Macadam will gain access to the greater resources and cross-market opportunities available through Heartland’s larger platform, improving operational efficiencies and support.
• - Local Expertise with Broader Reach: The strength of Heartland lies in its commitment to investing in local teams that understand their communities, ensuring that local knowledge drives operational decisions.

Conclusion

This acquisition reflects Heartland Paving Partners' strategic vision for the future, focusing on building and investing in high-performing local teams while maintaining operational excellence. The combination of Heartland's resources with Macadam's established presence in the Mid-Atlantic region promises to create a partnership that thrives on quality, safety, and long-lasting customer relationships. As both companies align their goals and operations, their shared dedication to service excellence will surely pave the way for sustained success and expansion in the paving industry.