The Heritage Group announced it has acquired FORTA, a Pennsylvania-based leader in synthetic fiber reinforcement for asphalt and concrete, from Riverarch Equity Partners. Financial terms of the transaction were not disclosed.
Based in Indianapolis, The Heritage Group is a fourth-generation, family-owned business with a portfolio spanning construction and materials, environmental services, and specialty chemicals. The acquisition strengthens the company’s position in the construction and materials markets and expands its capabilities in high-performance reinforcement solutions.
FORTA is recognized for its fiber reinforcement innovations used in asphalt and concrete applications worldwide. The company develops products designed to improve pavement performance, enhance durability and efficiency, and strengthen infrastructure. Its solutions are widely adopted across a range of construction projects, reflecting decades of product development and industry expertise.
By joining The Heritage Group’s portfolio, FORTA is expected to benefit from additional resources, industry experience, and operational scale, while continuing to serve its existing customer base. The transaction aligns with The Heritage Group’s long-term strategy of investing in businesses that address real-world infrastructure challenges and deliver sustainable impact across generations.
Founded in 1930, The Heritage Group describes its mission as building a collection of world-class businesses where employees can make a meaningful difference. The company says its diverse portfolio is united by a commitment to creating a safer, more enriching, and sustainable world.
KEY QUOTES
“FORTA is such a natural fit to join our family of companies. We share a deep commitment to innovation, solving real-world customer problems, and creating long-term value through strong relationships and technical expertise. Together, we’ll be able to amplify what both organizations do best and accelerate meaningful impact across the construction and materials industries.”
Amy Schumacher, CEO Of The Heritage Group
“This is a positive step for FORTA and for our customers who depend on our reinforcement solutions. With The Heritage Group’s resources, construction experience, and culture of innovation, we’ll be able to accelerate growth and improve how we serve our existing and future customers.”
Peter Ferris, CEO Of FORTA
