Heritage Group Acquires FORTA to Expand Fiber-Reinforced Low-Carbon Pavement and Flooring

Heritage Group moves to deepen foothold in durable, low-carbon road and floor solutions

The Heritage Group is expanding its construction-materials capabilities by acquiring FORTA, a Pennsylvania-based maker of synthetic fibers used to reinforce asphalt and concrete, in a deal announced on Feb. 18, 2026. The move positions the Indianapolis-based, fourth-generation family company to push into fiber-reinforced pavements and flooring that cut lifecycle costs and extend service life compared with traditional reinforcement such as rebar. Financial terms are not disclosed.

THG pursues scalable, sustainable infrastructure solutions

The Heritage Group is integrating FORTA to accelerate deployment of fiber-reinforced products that reduce installation complexity and long-term maintenance for roads and industrial floors. FORTA’s synthetic fibers aim to lower construction costs by replacing or supplementing legacy reinforcement methods, while improving durability and reducing downtime for repairs — factors that matter to municipal and commercial owners balancing budgets and climate resilience. THG’s management says the company’s construction experience, manufacturing footprint and engineering resources allow faster commercialization and broader distribution of FORTA’s technology across North American markets.

Executives highlight innovation and customer service as drivers for growth. FORTA’s CEO Peter Ferris says the transaction gives the company access to THG’s capital and operations to speed product development and better serve existing and future customers. Industry observers note that growing demand for longer-lasting, lower-carbon pavement and flooring solutions is creating consolidation opportunities for strategic buyers with end-market reach and technical services, as infrastructure funding and sustainability mandates encourage material-performance upgrades.

Advisers and ownership transition

Northborne Partners, a Minneapolis middle-market investment bank, serves as financial adviser to FORTA, with Managing Director Ben Marks leading the engagement and citing alignment with sustainable infrastructure themes. FORTA is sold by Riverarch Equity Partners of Pittsburgh, a middle-market private-equity firm that partners with management teams to support accelerated growth; Riverarch retains a track record of exits to strategic buyers in industrial sectors. Deal participants say sell-side advisory and operational planning focus on preserving customer continuity through the transition.

Company profiles and sector context

The Heritage Group manages a diversified portfolio of more than 50 companies spanning construction and materials, environmental services and specialty chemicals, and emphasizes innovation-led growth. FORTA is a long-standing specialist in fiber-reinforcement solutions that aim to improve pavement performance, durability and efficiency, and the acquisition fits a broader industrial trend of strategic consolidation around materials that promise lower lifecycle costs and improved sustainability.