Atlanta, GA July 15, 2021, Sunbelt Business Brokers – Atlanta (“Sunbelt Atlanta”) is pleased to announce the sale of its client, Lori’s Transportation & Excavation, LLC (“Lori’s”), to Ciropic Construction.
Operating out of Metro Atlanta, Georgia, Lori’s is a nearly 20‑year‑old, founder‑owned paving contractor that provides a wide variety of concrete and asphalt paving services to clients completing projects throughout Georgia and neighboring states. Lori’s is a WBENC‑certified Woman‑Owned Small Business (WOSB), with a long track record of delivering superior paving services in a timely and cost‑effective manner for water and sewer contractors and other firms bidding municipal infrastructure work across the Southeast’s largest metropolitan areas.
Lori’s has built a strong reputation for exceptional project outcomes, competitive pricing, and highly trained, knowledgeable crews, resulting in a loyal base of repeat customers that consistently represents roughly 80% of its annual business. The acquisition by Ciropic Construction brings together Lori’s established market position, long‑standing municipal and contractor relationships, and WOSB credentials with Ciropic’s broader platform, creating additional opportunities for growth across regional road, highway, and utility‑related paving projects.
Sunbelt Atlanta initiated and advised on the sale of Lori’s Transportation & Excavation, LLC, serving as the exclusive M&A advisor to the Company. The transaction was led by Dealmaker Doreen Morgan who leveraged Sunbelt Atlanta’s targeted sell‑side process to position the company with qualified strategic buyers and structure a transaction that aligned with the owner’s financial and succession objectives.
If you would like more information about this transaction or Sunbelt Atlanta’s M&A advisory services for paving, infrastructure, and construction services companies, please call Doreen Morgan at (770) 936‑9099 x 800 or email dmorgan@sunbeltatlanta.com.
If you would like more information about this topic, please call Doreen Morgan: (770) 936-9099 x 800 or email dmorgan@sunbeltatlanta.com
Sunbelt Atlanta is located at:
4360 Chamblee Dunwoody Road, Suite 111 Atlanta, GA 30341