XPX DC Metro: Lessons Learned from Selling a Business – An Owner’s Perspective

Selling a business is an adventure. This month we’re excited to have Paul Addington, President of ProPave, one of the leading paving companies in the DMV. In 2021, Paul and his partner sold 100% of the business to a private equity firm and then remained as the President of the company. Currently the company is in the process of being acquired again. Please join us as Paul shares key factors that shaped the initial sale decision, surprises and challenges along the way, what went well (and what he’d do differently) and lessons for owners, advisors, and exit planning professionals.

This is a unique opportunity to hear directly from someone who has been there — and to walk away with insights that can guide your clients or their exit journey. We look forward to seeing you!

Our Speaker:

Paul Addington
President
ProPave, INC

Paul Addington is the President and co-founder of Pro-Pave, Inc., a premier commercial asphalt paving and concrete company serving the Mid-Atlantic region. After earning a Bachelor of Science in Finance from the University of North Carolina at Greensboro in 1993, Paul began his career as a sales professional. He started with pagers, then transitioned to medical devices, and later raised capital for a small hedge fund.

In 2001, driven by a vision to build something from the ground up, Paul and his friend Thomas Martin founded Pro-Pave. Initially focused on quality residential paving in the Washington, D.C. area, the company quickly grew under Paul’s leadership, becoming the go-to contractor for large commercial projects. Today, Pro-Pave is trusted by top national builders and serves clients across diverse sectors, including education, military, retail, and multi-family residential. Notable projects include work at iconic locations like Arlington National Cemetery and the Pentagon.

With more than two decades at the helm, Paul continues to guide Pro-Pave with a strong commitment to quality, innovation, and client satisfaction.

Agenda:

7:30 -8:15 Networking
8:15- 9:30 Program/Admin

Registration Fees:

XPX DC Members in good standing – $35.00 so join Today!
XPX DC Members Same Day Fee - $45.00

Other XPX Chapter Members – $50.00
Other XPX Chapter Members Same Day Fee - $60.00

Non-Members – $60.00
Non-Members Same Day Fee – $70.00

Full breakfast is included.

BRING A FIRST-TIME GUEST TO XPX!

XPX DC members are encouraged to bring a first-time guest (FREE) for this event. Members (not guest), can contact angie@exitplanningexchange.com to register your guest. 

Event Registration Cancellation Policy: You may request a full refund for your event registration up to 72 hours before the scheduled date and time. After that deadline, the sale is final and no refunds will be issued. The registration fee is non-transferable, non-substitutable and no replacements are offered.