SC&H Capital, a leading investment bank specializing in M&A advisory for middle-market companies, is pleased to announce that its client, Chamberlain Contractors, Inc. (“Chamberlain”), has been acquired by Pavement Partners, a portfolio company of Shoreline Equity Partners.
Chamberlain, founded by Harold Green in 1976 and based in Laurel, Maryland, specializes in providing various asphalt and concrete solutions including maintenance, repair, milling, seal coating, and striping services to commercial and multi-family residential real estate owners. The company’s operations span the Mid-Atlantic region, serving customers in Maryland, Virginia, Washington D.C., and West Virginia. Pavement Partners, a platform investment of Shoreline Equity Partners, was formed in June 2021 with the acquisition of Finley Asphalt & Concrete and is focused on building a nationwide provider of high-quality paving services.
“The team at SC&H Capital provided invaluable advice during the entire transaction process. Their knowledge and expertise in negotiating and navigating all of the intricate details allowed me to continue to focus on running the business and achieve an optimal outcome for the Chamberlain team,” said Harold Green, Chief Executive Officer of Chamberlain. “We are thrilled about the opportunity to join Pavement Partners and look forward to leveraging their platform to accelerate the growth of the company and further enhance our focus on providing the highest quality of service to our customers.”
“Harold and the team at Chamberlain have built an impressive business over the last 45 years and SC&H Capital is proud to have had the opportunity to advise them on this transaction. We look forward to watching the company’s continued success as a part of the Pavement Partners team,” said Greg Hogan, Managing Director at SC&H Capital and lead banker.
Bowie & Jensen served as legal counsel to the company. The transaction closed in December 2021 and the terms of the transaction were not disclosed.
About SC&H Capital
SC&H Capital is an investment banking and advisory firm specializing in mergers and acquisitions (M&A), employee stock ownership plans (ESOP), distressed M&A, and business valuations for middle-market companies nationally. SC&H Capital delivers services across numerous industries including technology, healthcare, manufacturing, business and professional services, and government contracting. We are recognized for delivering relevant market insights and tailored solutions to help owners achieve their true strategic value. To learn more, visit www.schcapital.com.