Fort Point Capital Invests in Gulf Pride Paving

BOSTON, Nov. 3, 2026 /PRNewswire/ -- Fort Point Capital, a Boston-based private equity firm, announced today that it has completed a recapitalization of Gulf Pride Paving, LLC ("Gulf Pride", or the "Company"), in partnership with the Company's CEO, Michael Jenner, and its founder, BJ Sellers. Headquartered in Gulfport, Mississippi, Gulf Pride is a leader in paving, civil construction, soil stabilization and concrete work in the Gulf Coast region. The Company provides a complete surface infrastructure solution for general contractors, property owners, commercial, government and industrial customers across Mississippi, Alabama and Louisiana.

"We are excited to partner with Michael Jenner and the Gulf Pride team to support their growth ambitions and continue providing excellent service to customers," said Brooke Ablon, Partner at Fort Point Capital. "Gulf Pride's ability to self-perform projects in-house, combined with its strong customer relationships, has made it a trusted partner across the Gulf Coast for building and maintaining critical infrastructure for its clients."

"I am thrilled to partner with Fort Point as we continue to grow Gulf Pride," said Michael Jenner. "Over the past several years we have expanded our team, our fleet and our geographic footprint, and this partnership will allow us to accelerate that momentum while continuing to deliver for our customers. Fort Point's experience supporting service businesses makes them the right partner for our next stage of growth."

"Gulf Pride provides essential infrastructure services and has built its reputation by going above and beyond for its customers. We are excited to invest behind the foundation that Mike and BJ have built and help the Company expand its capabilities and geographic reach across the Gulf Coast," said David Gagliardi, Principal at Fort Point Capital.

Avante Capital Partners provided debt financing for the transaction. The Enginuity Group served as financial advisor and Nichols Wrigley provided legal counsel to Gulf Pride.

About Gulf Pride Paving:

Serving the Gulf Coast since 2003, Gulf Pride Paving is a leader in paving, civil construction, soil stabilization and concrete services, offering customers a complete surface infrastructure solution. The Company self-performs entire projects — from civil work and soil stabilization through paving and concrete finishing — enabling full control of quality and execution. Gulf Pride serves a repeat base of general contractors, property owners, commercial, government, and industrial customers across Mississippi, Alabama and Louisiana, with a reputation built on strong relationships, responsiveness and high-quality, timely work. To learn more, please visit www.gulf-pride.com/. 

About Fort Point Capital:

Fort Point Capital brings a management-led, growth-oriented approach to private equity investing, targeting fragmented sectors of the business services industry. Founded in Boston in 2011, Fort Point partners with founders and management teams to accelerate growth by providing resources to expand teams and infrastructure, improve service offerings, access new markets, and support follow-on acquisitions. Fort Point fulfills its commitment to management, employees and shareholders by employing a repeatable process to drive durable value, showcased in over 60 acquisitions since its inception. Fort Point is currently investing from FPC Small Cap Fund III. To learn more, please visit fortpointcapital.com.

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SOURCE Fort Point Capital