Hudson Avenue Partners (“Hudson Avenue”) is pleased to announce that Sunland Asphalt & Construction (“Sunland” or the “Company”), a portfolio investment of Huron Capital (“Huron”), has completed a refinancing transaction providing the Company with a highly-efficient capital structure and ample liquidity to support its acquisition strategy
Hudson Avenue acted as exclusive financial advisor to Huron and Sunland in arranging financing for the transaction
Founded in 1979, Sunland Asphalt is an asphalt paving maintenance and repair provider based out of Phoenix, Arizona. Sunland began as an asphalt maintenance company but has since grown to become a full-service provider, providing a wide range of related services, including asphalt repairs, crack sealing, sealcoating, chip seal, milling, pulverizing, reconstruction, paving, striping, earthwork and grading, as well as concrete, utility adjustments, underground wet utilities, structures and concrete. Sunland has offices in Arizona, Colorado, Nevada, New Mexico and Texas.
For additional information, visit www.sunlandasphalt.com
Huron Capital brings a people-first and thematic approach to private equity investing in secularly relevant and fragmented sectors of the North American services industry. We pride ourselves on an unwavering commitment to candor, trust, accountability, and transparency in our relationships with management teams, investors, advisors, and employees. Founded in Detroit in 1999, we partner with entrepreneurs and management teams, empowering their companies to new levels of excellence. We provide resources to help companies grow by professionalizing operations, improving service offerings, executing M&A strategies, and accessing new markets. Huron Capital has managed over $1.8 billion on behalf of a global institutional investor base. We fulfill our commitment to all stakeholders by employing a repeatable playbook to drive thoughtful value creation, showcased in over 270 acquisitions since the firm’s inception.
For additional information, visit www.huroncapital.com