Tri-State Paving Acquisition Company /
Tri-State Paving & Sealcoat, LLC
Energy Services of America subsidiary to buy Tri-State Paving assets
- Price
- $7.5m
- Stage
- Agreement signed
What happened
Energy Services of America Corporation’s subsidiary, Tri-State Paving Acquisition Company, agreed to acquire substantially all the assets of Tri-State Paving & Sealcoat, LLC. The transaction is subject to customary closing conditions.
Consideration includes $7.5 million in cash, a $1.0 million promissory note and $1.0 million in common stock.
The source
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Energy Services of America subsidiary to buy Tri-State Paving assets
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