Blue Ridge Construction Capital LLC, a private equity firm focused on building products, has bought Artistic Paver Manufacturing Inc., a paver manufacturer serving residential and commercial markets across the southeastern and southwestern U.S.
Artistic, based in North Miami Beach, Fla., is a manufacturer of concrete pavers for outdoor living applications. The company has facilities in Miami and Phoenix. Dan Essig, Aristic founder, president and CEO, will transition to a full-time advisor role and join the board of directors. Matthew Wayman will join the executive team as CEO.
“The company’s unique growth and profitability profile are consistent with our goal of partnering with founders to acquire exceptional building products companies,” says Ben Hughes, partner and co-founder of BRCC.