November 3, 2025 – Garland, TX: Pave America, LLC (Pave America), the nation’s leading provider of paving and concrete maintenance services, is proud to announce the acquisition of Boardwalk Paving & Construction (Boardwalk), a premier utility and infrastructure paving operation based in Garland, Texas.
Backed by AEA Investors, BCI, company management, and other institutional shareholders, Pave America continues to expand its presence across Texas, one of the fastest-growing markets in the United States. The addition of Boardwalk reinforces Pave America’s position as a best-in-class provider for complex utility and municipal paving projects in the Dallas–Fort Worth metroplex.
Founded and led by Mark Russell, Boardwalk Paving & Construction has built a reputation as one of North Texas’s most respected utility paving contractors. Known for its precision work, employee focus, and rapid responsiveness to clients, the company has established deep relationships across the DFW region and is recognized for its craftsmanship in high-traffic, high-standard environments.
Mark Russell, President of Boardwalk Paving & Construction, said:
“Joining Pave America represents an incredible opportunity for our team and our customers. This partnership ensures that the business we’ve built can continue to grow, take on larger and more complex projects, and create even more opportunities for our employees. We’re proud of what we’ve accomplished, and we’re excited about the future we’re building together.”
Tom York, CEO of Pave America, said:
“Dallas–Fort Worth is one of the most dynamic markets in the country, and we’ve long admired Boardwalk’s reputation for quality and reliability. Mark and his team have built an exceptional business with deep operational discipline and a strong culture. We’re thrilled to welcome them to the Pave America family.”
John Strenkowski, COO of Pave America, added:
“Boardwalk is the kind of company we want to build around: high integrity, operational excellence, and a people-first mindset. Their presence gives us a best-in-class partner in the DFW metroplex, and we’re excited to support their continued growth.”
ABOUT PAVE AMERICA
Pave America is a leading provider of asphalt and concrete solutions including maintenance, repair, milling, striping, and sealcoating services. With over 2,500 employees, Pave America has nationwide coverage through an extensive self-perform and outsourced vendor model. The company primarily serves commercial, industrial, HOA, utility, and municipal customers. To learn more, visit www.paveamerica.com.
ABOUT AEA INVESTORS
AEA Investors (“AEA”) was founded in 1968 by the Rockefeller, Mellon, and Harriman family interests and S.G. Warburg & Co. as a private investment vehicle for a select group of industrial family offices with substantial assets. AEA has an extraordinary global network built over many years which includes leading industrial families, business executives, and leaders, many of whom invest with AEA as active individual investors, join its portfolio company boards, or act in other advisory roles. Today, AEA’s over 120 investment professionals operate globally with offices in New York, Stamford, Jacksonville, San Francisco, London, Munich, and Shanghai. The firm manages funds that have approximately $18 billion of invested and committed capital including the leveraged buyouts of middle market and small business companies, growth capital, and private debt investments. For more information, visit www.aeainvestors.com.
ABOUT BCI
British Columbia Investment Management Corporation (BCI) is one of Canada’s largest institutional investors, with C$295 billion in gross assets under management as of March 31, 2025. For 25 years, BCI has built its legacy on performance with purpose, helping its 32 public sector and institutional clients deliver on their commitments. From securing pensions to supporting communities, it’s investing that matters.
Headquartered in Victoria, British Columbia, and with teams spanning Vancouver, New York, London, and Mumbai, BCI puts patient capital to work across public and private markets globally. Learn more at BCI.ca or connect on LinkedIn.
PAVE AMERICA MEDIA CONTACT
Brandon Blewett
media@paveamerica.com
