Richards Paving owner Advanced Pavement Group announced the acquisition of Dan Malloy Paving Inc. of Downingtown, PA.
Since its formation, Advanced Pavement Group has made acquisitionsof companies that include including Long Island, NY, South Plainfield, NJ, Millville, NJ, and northern Delaware-based Richards Paving.
Richards also operates an asphalt plant in northern Delaware. The company specializes in commercial work outside the “heavy highway” market.
The addition of Dan Malloy Paving Inc. supports a coverage area including New Jersey, Long Island, New York’s five boroughs, Westchester County, Connecticut, Delaware, Southeastern Pennsylvania, and northeastern Maryland.
Bob Bureski, president of Dan Malloy Paving Inc., will remain as President of Advanced Pavement Group’s Southeastern Pennsylvania Branch.
Advanced Pavement Group’s CEO, Joseph J. Tinney, Jr. shared, “It is exciting to add a new branch to our growing organization. The addition of Dan Malloy Paving is not only important to our growth strategy in the region but also brings aboard yet another cultural match. We look forward to leveraging our expanded geographical reach and capabilities to continue to service customers in the Northeast and the Mid-Atlantic United States with the most comprehensive pavement installation and maintenance solutions.”
Advanced Pavement Group Corp. is owned by the Dubin Clark private equity company.