The Daily Dig
Pave America has acquired Bennett Paving, Inc., an asphalt paving and pavement maintenance contractor serving South Carolina since 1978. The deal was announced June 30 in Greenville, S.C.
Bennett Paving operates in two distinct markets: the fast-growing Greenville-Spartanburg region and the coastal Hilton Head-Lowcountry area. Its work spans asphalt milling and paving, sealcoating, crack filling, and striping, built around commercial, developer, and municipal clients. Bennett is currently led by Presidents Jerry Porter and David Glenn, who both said the partnership positions the company for continued growth while preserving its customer-focused culture.
Pave America leadership highlighted Bennett's dual-market presence as a key strategic factor in the deal. Having an established name in both the Upstate and the Lowcountry gives Pave America a broader South Carolina footprint in a single move, rather than having to build or acquire each market separately.
Pave America is backed by AEA Investors, British Columbia Investment Management Corporation, and company management, and continues expanding across the Southeast. The company runs more than 2,500 employees nationwide through a mix of self-perform crews and outsourced vendors, serving commercial, industrial, HOA, utility, and municipal customers.
Financial terms were not included in the announcement. Eversheds Sutherland LLP served as legal counsel for Pave America, with Riveron Consulting LLC handling financial and tax diligence.
Snapshot:
Acquirer: Pave America, LLC
Target Company: Bennett Paving, Inc.
Target Founded: 1978
Target Leadership: Jerry Porter (President), David Glenn (President)
Target Services: Asphalt milling and paving, sealcoating, crack filling, striping
Target Market: Greenville-Spartanburg and Hilton Head-Lowcountry, South Carolina
Target Customer Base: Commercial, developer, and municipal
Announcement Date: June 30, 2026
Announcement Location: Greenville, S.C.
Pave America Backers: AEA Investors, British Columbia Investment Management Corporation (BCI), company management
Pave America Employees: 2,500+
Pave America Customer Sectors: Commercial, industrial, HOA, utility, municipal
Pave America CEO: Tom York
Pave America COO: John Strenkowski
Pave America Chief Development Officer: Brandon Blewett
Legal Counsel (Pave America): Eversheds Sutherland LLP
Financial/Tax Diligence: Riveron Consulting LLC
TheJobWalk Thoughts
Bennett's appeal wasn't just size, it was reach into two markets at once. That kind of dual-region entry is rare, and it's the reason platforms pay a premium for the right regional target instead of building a presence from scratch. Owners in growth corridors like Greenville-Spartanburg should read this as a sign their market value just went up.
Subs and independents competing against a self-perform platform like Pave America need to know their numbers cold. Scale gives platforms room to hold margin on bids that would squeeze a smaller shop, and the gap shows up fastest on maintenance and striping work, where volume matters more than specialty skill.
For suppliers, the real risk isn't losing the account. It's losing pricing leverage once a regional buyer gets folded into a national procurement structure. Locking in terms and relationships before that transition finishes is worth more than chasing the account after it's set.
