Acquisition Context Orion Paving was acquired by True North Asphalt in 2022 as part of a Stonehenge Partners transaction, creating an expanded pavement maintenance and repair platform. This opens cross-sell opportunities with True North’s client base and access to a broader maintenance ecosystem for ongoing contracts.

Regional Footprint Regional footprint centers on Southeastern Michigan and Northern Ohio, signaling growth opportunities for commercial, industrial, and municipal projects in these markets and potential for multi-site maintenance programs.

Full-Service Capabilities End-to-end service offering includes asphalt and concrete paving, minor repairs, milling-resurface, and new construction, enabling bundled proposals and long-term maintenance packages with a single supplier.

Market Position Mid-market profile with revenue in the 1-10 million range and a 11-50 person team supports multi-site programs, recurring maintenance contracts, and potential national accounts through the True North platform.

Operational Strength Operational strength from estimators, engineers, and project managers plus a track record of high quality, on-time, and on-budget delivery creates favorable buying signals for procurement teams seeking dependable, performance-based partnerships.