Pavement Preservation Group

What Pavement Preservation Group does

Pavement Preservation Group (PPG), headquartered in Nashville, TN, is a national platform of asphalt and pavement preservation companies formed in 2024 in partnership with private equity sponsor The Sterling Group. It consolidates seven wholly-owned regional operating companies — American Pavement Preservation, Asphalt Paving Systems, Cactus Asphalt, Holbrook Asphalt, Integrated Pavement Solutions, Vance Brothers, and Viking Construction — operating across 22+ U.S. states in the Western, Southwestern, Central, and Southeastern United States. PPG's platform-plus-modules architecture delivers four primary service lines: preventative maintenance (crack seal, seal coat), preservation and resurfacing (slurry seal, micro surfacing, chip seal, fog seal), restoration (milling, paving, patching), and supporting services (striping, custom blending, traffic control).

PPG's core technology and product assets combine regional field execution with in-house asphalt and emulsion manufacturing through Vance Brothers, plus branded specialty products including the HA5 High Density Mineral Bond (via Holbrook/IPS), Ultraseal® Systems, and Ultrablend® asphalt blends. The vertically integrated model enables custom blending of asphalt and emulsion formulas tailored to specific jobsite and climate conditions, and allows PPG to control quality and supply chain across its service network.

Revenue is generated primarily through project-based contracts with state Departments of Transportation, county and municipal governments, and — to a lesser extent — private roadway owners and product/reseller customers. Pricing is quote-based and not publicly disclosed, with sales motion driven by enterprise field sales via regional operating companies, supported by a corporate website lead-capture flow (Get A Quote CTAs) and PR/earned media around acquisitions. Industry association memberships (ISSA, AEMA, PPRA, FP2) provide additional visibility. Sterling Group's ~$9.0B AUM and history of industrial services buy-and-build transactions (78+ platform companies, $25B+ total transaction value) provide the capital backbone for continued inorganic expansion.

Name

Pavement Preservation Group

Legal name

Pavement Preservation Group, Inc.

Website

https://pavementpreservationgroup.com

Company type

Private

Founded year

2024

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Pavement Preservation Group is a Nashville-based, Sterling Group-backed national platform of seven regional asphalt and pavement preservation companies operating across 22+ U.S. states. It delivers vertically integrated preservation services — preventative maintenance, resurfacing, restoration, and in-house asphalt/emulsion manufacturing — to state DOTs, municipalities, and private roadway owners.

Ownership category

akta.pro rank

Product category

Pavement Preservation Services

NAICS

Asphalt Paving Mixture and Block Manufacturing (324121), Asphalt Paving, Roofing, and Saturated Materials Manufacturing (32412), Asphalt Shingle and Coating Materials Manufacturing (324122), Cement and Concrete Product Manufacturing (3273), Ready-Mix Concrete Manufacturing (32732)

SIC

Asphalt Paving & Roofing Materials (2950), Concrete, Gypsum & Plaster Products (3270)

akta.pro primary industry

Road Maintenance & Asset Preservation (Resurfacing, Patching, Crack Sealing) (IMAFAEAF)

akta.pro secondary industries

Pavement Construction & Rehabilitation (Asphalt, Concrete, Overlays) (IMAFAEAE), Asphalt & Pavement Removal / Milling (IMAFAKAM), Concrete Floor Cleaning, Grinding, Polishing & Sealing (HSAEAOAE)

Keywords

• Pavement preservation services
• Asphalt maintenance solutions
• Road resurfacing services
• Asphalt emulsion manufacturing
• Crack sealing services

Headquarters

HQ city

Tolleson

HQ country

United States

HQ region

North America

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Supply Chain, Operations, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Pavement preservation and resurfacing services: Project-based services including crack seal, seal coat, slurry seal, micro surfacing, chip seal, fog seal, milling, paving, grading, and asphalt patching, delivered via regional operating companies. Revenue is generated per-project through municipal, state, and private roadway contracts.
2. Asphalt and emulsion product manufacturing: Sale of high-performance asphalt products (emulsified asphalts, polymerized emulsions, polymer modified asphalts, cutback asphalts, dust control, rejuvenating fog seals, paving mixes) manufactured through operating company Vance Brothers.
3. Vertically integrated auxiliary services: Supporting services such as striping, custom blending, and traffic control delivered as part of larger pavement preservation projects, supporting internal efficiency and quality control.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Pavement Preservation Group is a national platform of regional pavement preservation contractors delivering Preventative Maintenance, Preservation and Resurfacing, Restoration, and Supporting Services (crack seal, seal coat, slurry seal, micro surfacing, chip seal, fog seal, milling, paving, striping, custom blending, traffic control) to state, county, municipal, and private roadway customers. The platform is vertically integrated with in-house asphalt and emulsion manufacturing and specialty products (HA5, Ultraseal Systems, Ultrablend, paving mixes) produced through operating company Vance Brothers.

Product overview

Pavement Preservation Group (PPG) operates as a national platform-plus-modules architecture in the asphalt and pavement preservation industry, unified by shared commitments to quality, safety, and innovation. At its core, PPG delivers four primary service lines: Preventative Maintenance (crack seal, seal coat), Preservation and Resurfacing (slurry seal, micro surfacing, chip seal, fog seal), Restoration (milling, demo, grading, asphalt patching, paving), and Supporting Services (striping, custom blending, product delivery, traffic control). These services are executed through a portfolio of seven best-in-class operating company sub-brands — American Pavement Preservation, Asphalt Paving Systems, Cactus Asphalt, Holbrook Asphalt Co, Integrated Pavement Solutions (IPS), Vance Brothers, and Viking Construction — each contributing regional expertise and specialized capabilities. Specialty products include the HA5 High Density Mineral Bond surface protection solution offered through Holbrook Asphalt and IPS, and the Vance Brothers product line spanning Liquid Asphalt, Maintenance Products (Ultraseal Systems, Ultrablend), Specialty Products, and Paving Mixes. PPG's vertically integrated model allows it to provide specialized pavement preservation products and services that help extend the useful life of asphalt infrastructure through cost-effective solutions, backed by 130+ years of combined expertise.

Differentiator

Problem solved

Functional benefit

Products and services

• Preventative Maintenance

Quantifiable outcome

• 130+ years of combined pavement expertise across operating companies
• +2 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered minor.

• International Slurry Surfacing Association (ISSA)minorOthersIndustry association whose logo is displayed on the PPG homepage as a marker of industry membership and standing in the pavement preservation sector.
• Asphalt Emulsion Manufacturers Association (AEMA)minorOthersIndustry association whose logo is displayed on the PPG homepage, reflecting PPG's involvement in asphalt emulsion manufacturing via Vance Brothers.
• Pavement Preservation & Recycling Alliance (PPRA)minorOthersIndustry alliance whose logo is displayed on the PPG homepage, supporting PPG's positioning as a pavement preservation leader.
• Foundation for Pavement Preservation (FP2)minorOthersFoundation whose logo is displayed on the PPG homepage, signaling PPG's engagement with pavement preservation research and education.

Scale indicators6 records

Recent moves3 records

Expansion highlights5 records

Direct peers

• Ergon Asphalt & Emulsions: Vertically integrated manufacturer of asphalt emulsions and provider of pavement preservation services across the U.S. Closely comparable to PPG: combines in-house emulsion production with regional preservation contracting for DOT and municipal customers.
• Suit-Kote Corporation: Privately held pavement preservation and asphalt emulsions company serving the Northeastern and Mid-Atlantic U.S. Overlaps with PPG on preservation services (crack sealing, slurry seal, micro surfacing) and emulsion manufacturing for DOT and municipal customers.
• Blacklidge Emulsions: U.S. manufacturer and supplier of asphalt emulsions, trackless tack, and preservation products. Directly comparable to PPG's Vance Brothers subsidiary and competes on similar emulsion specifications sold to paving contractors and DOTs.
• Jebro Inc. U.S. distributor and producer of asphalt emulsions, cutbacks, and pavement preservation products serving contractors and DOTs. Comparable to PPG's Vance Brothers product business in go-to-market (specialty materials to paving contractors) and product range.

Broad incumbents

• Granite Construction Incorporated: Large, publicly traded infrastructure and construction services company operating across the U.S. Competes with PPG on pavement preservation and asphalt paving bids for state DOT and municipal customers as part of a broader portfolio that includes aggregates and heavy civil work.
• Vulcan Materials Company: Largest U.S. producer of construction aggregates and a significant supplier of asphalt mixes. Adjacent/overlapping with PPG in asphalt products and serves similar DOT and contractor buyers, though Vulcan's core business is aggregates rather than preservation services.
• Martin Marietta Materials: Major publicly traded aggregates and heavy building materials producer with asphalt operations. Competes with PPG in supplying asphalt materials to DOTs and contractors, but does not focus on the preservation contracting services where PPG operates.
• CRH plc (Oldcastle Materials): Global building materials group with a large North American infrastructure services and asphalt platform (Oldcastle). Competes with PPG on integrated aggregates-asphalt-paving work for DOTs and municipalities as part of a much broader product portfolio.

Emerging players

• Aegis Asphalt: Regional pavement preservation and asphalt maintenance contractor serving parts of the U.S. Comparable to PPG's regional operating companies in scope of services (seal coat, crack seal, striping), though smaller in geographic reach and not vertically integrated.

Others

• Astec Industries: Manufacturer of asphalt plant equipment, mobile asphalt pavers, and related infrastructure for the road-building industry. Adjacent supplier to PPG's emulsion/manufacturing operations rather than a direct competitor, but its customers overlap with PPG's paving contractor base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/PavementPreservationGroup
• LinkedInlinkedin.com/company/pavement-preservation-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Pavement Preservation Group