Founded in 1976, Chamberlain Contractors (“Chamberlain”) 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.
After receiving unsolicited inbound interest from several parties, Chamberlain hired SC&H Capital to advise the Company. SC&H Capital worked closely with Chamberlain’s management team to competitively position the Company for an acquisition by preparing information for potential bidders, implementing a structured bidding process with prospective acquirers, and evaluating and negotiating offers to achieve a premium valuation for the shareholders.
Ultimately, the Company selected Pavement Partners, a portfolio company of Shoreline Equity Partners. The combined entities will provide added geographical presence, capabilities, and expand their customer base to accelerate growth and strengthen Chamberlain’s position as a market leader in asphalt and concrete services.