Private equity firm Trinity Hunt Partners has made a majority investment in DACS Asphalt & Concrete, a leading provider of commercial asphalt paving and parking lot maintenance services.
This investment establishes the foundation of Trinity Hunt’s commercial paving services platform, leveraging a buy-and-build strategy to lead in the fragmented commercial paving sector.
Based in Denver, DACS offers a range of services, including crack sealing, sealcoating, patching, and complete reconstruction, with an emphasis on proactive maintenance to provide value to customers across Colorado.
Trinity Hunt aims to support the platform’s expansion through strategic acquisitions and organic growth, utilizing a field-focused approach to enhance partner companies.
Advisor/support: Kirkland & Ellis served as legal advisor to Trinity Hunt Partners.
KEY QUOTES:
“Selecting DACS’s future partner was a deliberate process, and Trinity Hunt’s approach and core values closely aligned with ours — they understood that DACS’s people and culture are what drive our success. We look forward to collaborating with Trinity Hunt to grow the commercial paving services platform, while building upon the local-market foundation, long-term client relationships, and employee-first approach that define DACS.”
Jason Dunn, CEO of DACS
“Jason and the DACS team have built an exceptional business that strongly aligns with our vision for creating an industry-leading platform. We look forward to expanding the platform by partnering with like-minded operators, empowering local teams, and fostering a culture that prioritizes employee safety, supports career development, and reinforces a commitment to exceptional customer service.”
William Badarak, Principal at Trinity Hunt Partners
