The acquisition aligns Bennett Paving’s established local reputation with the broader resources of Pave America, which is backed by institutional investors including AEA Investors and the British Columbia Investment Management Corporation. Bennett Paving presidents Jerry Porter and David Glenn will continue to guide the firm, maintaining the service standards that have defined their operations for nearly five decades.

For Pave America, the move serves as a strategic bridge into the rapidly growing Carolinas market. CEO Tom York noted that the target’s unique split between the Upstate and Lowcountry regions creates a distinct competitive advantage. The transaction, which includes a comprehensive suite of services ranging from milling to striping, positions the company to capture further industrial and municipal contracts across the Southeast.