Aci Asphalt & Concrete

What Aci Asphalt & Concrete does

ACI Asphalt & Concrete LLC is a commercial paving and pavement maintenance contractor founded in 1993 by Jim Bebo and headquartered in Maple Grove, Minnesota, with a secondary office in Roberts, Wisconsin. The company serves commercial property owners, managers, and developers across Minnesota, Wisconsin, North Dakota, and South Dakota, operating as a Heartland Paving Partner platform company and backed by private equity firm Soundcore Capital Partners. Its service portfolio spans asphalt paving and resurfacing, sealcoating and crack filling, concrete design and repair, drainage solutions, parking lot striping, polyjacking (polyurethane foam injection), infrared asphalt repair, ADA compliance, and winter asphalt maintenance, with services tailored to Upper Midwest freeze-thaw climate conditions.

The company's technical approach combines state-of-the-art paving equipment with specialized repair methods, including high-density polyurethane foam injection for concrete leveling and infrared radiation heating (350-400°F) for seamless asphalt patching. ACI employs 100+ unionized professionals (Local Union 49 & 139) and self-performs all work with its own crews and equipment. The business operates a sales-led, direct field-sales go-to-market targeting enterprise retailers, industrial sites, healthcare facilities, educational institutions, retail centers, office properties, hospitality venues, and multifamily HOAs, with relationship-driven account management and free, no-obligation project quotes.

ACI generates revenue through one-time project fees for paving and resurfacing work, complemented by recurring maintenance cycles (sealcoating recommended every 2-3 years, crack sealing, pothole repair, polyjacking). The company reports delivering thousands of projects annually, with the majority of work coming from returning customers including some of the world's largest retailers and commercial companies. ACI has expanded its footprint through acquisition, including the August 2023 purchase of Asphalt Solutions, and has been recognized with industry awards including the 2021 Contractor of the Year designation from Pavement Maintenance & Reconstruction Magazine.

Name

Aci Asphalt & Concrete

Legal name

ACI Asphalt & Concrete LLC

Website

https://aciasphalt.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

101–250 employees

Short description

ACI Asphalt & Concrete LLC is a commercial paving and pavement maintenance contractor serving property owners across Minnesota, Wisconsin, North Dakota, and South Dakota, offering asphalt paving, sealcoating, concrete repair, polyjacking, infrared repair, and ADA compliance services.

Ownership category

akta.pro rank

Product category

Commercial Paving & Pavement Maintenance Services

NAICS

Highway, Street, and Bridge Construction (237310)

SIC

Asphalt Paving & Roofing Materials (2950)

akta.pro primary industry

Pavement Construction & Rehabilitation (Asphalt, Concrete, Overlays) (IMAFAEAE)

Keywords

• Commercial paving services
• Asphalt pavement maintenance
• Concrete repair solutions
• Parking lot construction
• Sealcoating crack sealing

Headquarters

HQ city

Maple Grove

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Infrastructure, Operations, Marketing or Sales

Revenue model

1. Commercial Paving and Resurfacing Services: ACI generates revenue through one-time project fees for asphalt paving, resurfacing, and new asphalt installation. Projects range from small commercial lots to large shopping centers and industrial facilities. Pricing is quote-based and determined by project scope, size, and materials required.
2. Asphalt and Concrete Maintenance Services: Recurring revenue from maintenance services including sealcoating (recommended every 2–3 years), crack sealing, pothole repair, polyjacking, and infrared repair. While individual services are one-time transactions, the company actively promotes recurring maintenance cycles to commercial property owners, creating repeat business over the life of a property.
3. Specialty Services (Parking Lot Striping, Drainage, Polyjacking): Revenue from ancillary services including parking lot striping, drainage solutions, polyjacking, and concrete design and repair. These services are sold as add-ons to core paving projects or as standalone maintenance solutions.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

ACI Asphalt & Concrete is a commercial paving and pavement maintenance contractor that self-performs asphalt paving, resurfacing, patching, sealcoating, crack sealing, parking lot striping, concrete design and repair, drainage solutions, polyjacking, and infrared asphalt repair. The company serves commercial, industrial, retail, healthcare, education, and HOA property customers across Minnesota, Wisconsin, North Dakota, and South Dakota using its own unionized crews and equipment fleet.

Product overview

ACI Asphalt & Concrete LLC is a commercial paving contractor offering a comprehensive suite of pavement maintenance and repair services. The company's service portfolio centers on asphalt paving and resurfacing as its core offerings, complemented by specialized services including asphalt patching and repair, sealcoating and crack filling, parking lot paving, concrete design and repair, drainage solutions, parking lot striping, polyjacking, infrared asphalt repair, ADA compliance services, and winter maintenance. The company operates primarily in Minnesota and Wisconsin, serving commercial, industrial, multifamily, retail, office, hospitality, healthcare, education, and HOA property segments.

Differentiator

Problem solved

Functional benefit

Products and services

• Asphalt Paving and Resurfacing

Quantifiable outcome

• Sealcoating every 2–3 years can extend pavement lifespan significantly. $1 spent on pavement preservation saves $6–$10 on future repairs.
• +4 more outcomes

Named customers3 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Two partnerships are on record, tiered minor and core.

• Asphalt SolutionsminorOthers · 24 August 2023In August 2023, ACI acquired Asphalt Solutions, a provider of asphalt services for commercial and multi-family HOA customers. This acquisition expanded ACI's service capabilities and customer base in the Upper Midwest market. The deal was facilitated by Soundcore Capital Partners' backing of ACI. Asphalt Solutions is now integrated into ACI's operations.
• Heartland Paving PartnerscoreStrategic or Co-development PartnerACI Asphalt & Concrete operates as a Heartland Paving Partner, a platform company that joins forces with business owners to bring their visions to life and support future growth. Heartland Paving Partners' mission is to forge enduring relationships and achieve shared success through a partnership approach. ACI is positioned as a flagship operating entity within the Heartland Paving Partners platform, benefiting from shared resources, best practices, and platform-scale purchasing power while maintaining regional brand identity and autonomy.

Scale indicators6 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• Heartland Paving Partners: ACI's parent platform that aggregates and supports commercial paving operating companies. Directly comparable because Heartland's mission and operating model revolve around building and scaling ACI-type regional asphalt and concrete contractors through tuck-in M&A and shared services.
• Pavement Coatings Co. A California-based commercial pavement maintenance contractor specializing in sealcoating, crack sealing, striping, and overlays. Directly comparable because Pavement Coatings operates the same service portfolio and recurring-maintenance motion that ACI promotes in the Upper Midwest, targeting commercial property managers nationally.
• Wolf Paving & Concrete Paving: A Midwest commercial paving, asphalt resurfacing, and concrete contractor serving Wisconsin, Illinois, and surrounding states. Directly comparable because Wolf operates a near-identical mix of paving, sealcoating, and concrete services to commercial customers from a base near ACI's Wisconsin operations.
• Viking Paving: A Midwest-focused commercial asphalt maintenance contractor providing paving, sealcoating, crack sealing, and pavement marking. Directly comparable because Viking offers the same recurring-maintenance, commercial-customer model with comparable technology adoption.
• Asphalt Maintenance Solutions (AMS): A national commercial pavement maintenance provider offering paving, sealcoating, striping, and concrete repair services to multi-site commercial customers. Comparable because AMS pursues the same enterprise multi-property maintenance contract motion that ACI uses to win national retailers and HOAs.
• B&E Construction Services: A commercial site development and asphalt paving contractor serving property managers and developers across the Upper Midwest. Comparable because B&E's asphalt and concrete offering, bid-build commercial sales motion, and regional focus closely mirror ACI's daily operating profile.

Broad incumbents

• Ace Asphalt: A long-established Arizona-based commercial asphalt and concrete maintenance contractor. Comparable because Ace offers the same core service mix (paving, sealcoating, crack sealing, striping, concrete) to commercial and property-management customers at a larger regional scale, validating the same operating model ACI pursues in the Upper Midwest.
• Lindy Paving: A Pennsylvania-based heavy civil paving and asphalt contractor. Comparable because Lindy performs commercial paving, milling, and resurfacing work using similar equipment and methods to ACI, and competes in adjacent bid-build markets for institutional and commercial pavement work.

Others

• Pavement Maintenance & Reconstruction Top Contractors (industry cohort): The annual Top Contractors list published by Pavement Maintenance & Reconstruction, on which ACI has appeared (2020, 2017). This list aggregates ACI's true public peer group — other regional commercial paving contractors competing for the same institutional awards and RFPs.
• Soundcore Capital Partners portfolio peers (other paving roll-ups): Other Soundcore-backed companies in adjacent service-contractor verticals. Comparable as comparators for ACI's PE sponsor economics, hold-period dynamics, and value-creation playbook rather than direct operational overlap.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/people/ACI-Asphalt-Concrete/100091464827102
• LinkedInlinkedin.com/company/aci-asphalt-contractors-llc
• Instagraminstagram.com/aciasphalt_mn
• Xx.com/aciasphalt

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries1 record

Funding overview

Funding rounds1 record

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Aci Asphalt & Concrete