OAKBROOK TERRACE, IL – May 16, 2025 – Prairie Capital Advisors, Inc. (“Prairie”) is pleased to announce that its client, Poblocki Paving Corporation (“Poblocki” or the “Company”), has been acquired by Heartland Paving Partners, a portfolio company of Soundcore Capital Partners. Prairie acted as the exclusive financial advisor in this transaction to Poblocki and was led by Anthony Dolan and Macie Dorow of Prairie. The terms of the transaction were not disclosed.

Poblocki Paving Corporation, founded in 1969, is Southern Wisconsin’s trusted leader in pavement repair and maintenance solutions headquartered in New Berlin, Wisconsin. Poblocki specializes in self-performed asphalt and concrete services, including infrared patching, milling, sealcoating, striping and snow removal—and has cultivated strong, long-standing relationships across commercial, municipal, industrial and residential markets.

Heartland Paving Partners, based in Chicago, Illinois, is a superregional, self-performing provider of commercial asphalt and concrete maintenance and repair services across the Upper Midwest and expanding into the Northeast. Committed to excellence and customer satisfaction, Heartland delivers high-quality solutions and fosters strong partnerships within the industry. Heartland is a platform investment of Soundcore Capital Partners.

Greg Kastenholtz, CEO of Poblocki, stated, “We’re incredibly proud of the business we’ve built over the years and the reputation we've earned for delivering quality, reliability and service. Finding a partner like Heartland Paving Partners—who shares our values, our commitment to quality and our vision for long-term growth—was essential. This transaction ensures that our legacy continues with strength, integrity and opportunity for our employees and customers alike. We are thankful for Prairie’s steady guidance and partnership throughout this transaction process.”

“We appreciated the opportunity to work with the Poblocki team to identify the right strategic partner to support the next phase of their growth. Heartland’s operational depth and long-term vision align well with the goals set by Poblocki’s leadership,” said Anthony Dolan, Managing Director at Prairie. Macie Dorow, Vice President at Prairie, stated, “It was a pleasure working closely with Poblocki throughout this process. This transaction represents another successful engagement completed by Prairie’s Investment Banking group as we continue our dedication to serving middle-market family and ESOP-owned businesses.”

About Prairie Capital Advisors

Prairie is a leading financial advisory firm specializing in creating and executing ownership transition strategies for middle-market companies nationwide. In 2024, Prairie was awarded the Corporate Fairness Opinion Provider of the Year by M&A Atlas. For more information, visit www.prairiecap.com.