#USA #Melville #Protegrity Advisors #Atlas Asphalt #O2 Investment

Protegrity Advisors Facilitates Atlas Asphalt Acquisition by O2 Investment Partners

On May 12, 2026, Protegrity Advisors, a prominent advisory firm known for its expertise in lower middle market mergers and acquisitions (M&A), proudly announced its role as the exclusive M&A advisor for Atlas Asphalt during its acquisition by O2 Investment Partners. This strategic move marks a significant step in Atlas Asphalt's evolution and growth within the paving services industry.

About Atlas Asphalt

Founded in 1988 and located in New York, Atlas Asphalt has made a name for itself as a premier provider of paving, concrete, sealcoating, striping, and maintenance services. Catering to both commercial and residential clients, the company operates across more than 20 states, serving a diverse clientele that includes high-profile brands in sectors such as retail, hospitality, and healthcare. With a strong reputation for quality and reliability, Atlas has been able to cultivate a blue-chip customer base, ensuring repeat business and long-term contracts that contribute to its steady growth.

The company's co-owners, Tyler and Jordan Cianciulli, who represent the second generation of leadership, are set to continue steering Atlas in the future. Their excitement about partnering with O2 is palpable, with Tyler Cianciulli expressing his gratitude for Protegrity Advisors' expertise throughout the transaction. He stated, "The Atlas team is thrilled to partner with O2 at an exciting point in our evolution as we work to establish a dominant paving platform in the Northeast. We are also extremely grateful for the advice, dedication, and professionalism of the Protegrity Advisors team."

O2 Investment Partners

O2 Investment Partners, a private equity firm based in the Midwest, aims to acquire majority interests in lower middle market businesses, with a keen focus on family- and founder-owned companies within niche services and select industrial sectors. Shyam Shah, Vice President at O2, articulated the firm's excitement about the partnership, noting, "The success that Atlas has achieved reflects its unparalleled industry knowledge, execution capabilities, and commitment to customer service. We are excited to partner with Tyler, Jordan, and the rest of the Atlas team, and we appreciate the key role that Protegrity Advisors played in effectuating this transaction."

The Value of Protegrity Advisors

Protegrity Advisors stands out in the crowded M&A advisory landscape, consistently ranked among the top firms focused on the lower middle market. The firm operates out of New York with an additional office in South Carolina, forming part of the global Pandea network. It specializes in navigating the complex transaction processes, ensuring that business owners maximize value and achieve favorable outcomes. As Armando de Castro, Vice President of Strategy and Research at Protegrity Advisors, points out, "Atlas is an exceptionally well-run business serving a highly demanding customer base."

The move to partner with O2 reflects a meaningful opportunity for Atlas to accelerate its growth in a highly fragmented market, especially for services such as high-quality paving, concrete work, sealcoating, and striping. This acquisition not only opens doors to new opportunities but also enhances Atlas Asphalt’s capability to meet the increasing demands of its diverse clientele.

Looking Ahead

As Atlas Asphalt embarks on this new chapter with O2 Investment Partners, the focus will be on expanding its services and maintaining the high standards that have set it apart in the paving industry. By leveraging O2's resources and expertise, Atlas is poised to further establish itself as a leader within the sector. The partnership signals a bold and strategic move that is likely to benefit all stakeholders involved, including employees, customers, and investors alike.

With Protegrity Advisors at the helm, this acquisition is set to redefine Atlas Asphalt’s future trajectory, positioning it strongly for ongoing success in the paving market. The firm’s commitment to securing optimal results for its clients continues to solidify its reputation as a trusted partner in M&A transactions across the nation.