Carolina Asphalt

What Carolina Asphalt does

Carolina Asphalt is a privately held commercial asphalt and concrete paving contractor headquartered at 622 E Westinghouse Blvd., Charlotte, North Carolina, with regional offices in Raleigh, NC and Columbia, SC, serving clients throughout North and South Carolina. Founded in 1982, the company self-performs over 95% of its work with in-house crews, providing a full suite of services including asphalt paving, repair, milling, full-depth reclamation, concrete flatwork and curbing, sealcoating, crack filling, infrared asphalt repair, pavement striping, drainage, soil stabilization, and snow and ice management. The company operates a sports construction division under the America Sports Construction brand for athletic court design and installation, and is part of the Pave America national asphalt and concrete pavement network following a 2021 acquisition.

The company's revenue model is predominantly project-based, with services quoted on square footage, surface condition, base repair needs, and additional scope elements such as striping and drainage; an annual/multi-year pavement maintenance subscription line provides recurring revenue and customer lock-in with property managers and HOAs. Go-to-market combines enterprise field sales (direct outreach, on-site evaluations, and a 'Lunch & Learn' educational program) with direct-to-consumer inbound via website quote requests, phone, and an asphalt calculator tool. Customer segmentation spans commercial and industrial properties, HOAs and condominium communities, educational facilities, healthcare facilities, municipalities, general contractors, hospitality, and property management groups.

As a wholly owned subsidiary of Pave America since 2021, Carolina Asphalt combines local Carolinas market knowledge — including climate- and soil-specific expertise developed over four decades — with the purchasing power and operational resources of a national pavement platform. Leadership comprises President Pete Heynen and Vice President Rob Carr. The company is fully licensed and insured, participates in E-Verify, and maintains memberships in industry associations including the American Sports Builders Association (ASBA), i APPF, the Sports Turf Managers Association, and ISNetWorld.

Name

Carolina Asphalt

Legal name

Carolina Asphalt

Website

https://carolinaasphalt.com

Company type

Private

Founded year

1982

Operating status

Operating

Headcount range

11–50 employees

Short description

Carolina Asphalt is a commercial asphalt and concrete paving contractor serving North and South Carolina from Charlotte, Raleigh, and Columbia offices, self-performing paving, repair, maintenance, and sports-construction services for property managers, HOAs, municipalities, healthcare, education, and general contractors.

Ownership category

akta.pro rank

Product category

Commercial Paving Services

NAICS

Poured Concrete Foundation and Structure Contractors (23811)

SIC

Asphalt Paving & Roofing Materials (2950), Heavy Construction Other Than Bldg Const - Contractors (1600)

akta.pro primary industry

Pavement Construction & Rehabilitation (Asphalt, Concrete, Overlays) (IMAFAEAE)

akta.pro secondary industry

Asphalt & Pavement Removal / Milling (IMAFAKAM)

Keywords

• Commercial asphalt paving
• Parking lot paving
• Pavement maintenance services
• Asphalt milling
• Concrete flatwork

Headquarters

HQ city

Charlotte

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Asphalt Paving Services: New asphalt pavement installation, asphalt overlay and resurfacing, and full asphalt removal and replacement. Revenue is earned on a per-project basis. Services are priced based on square footage, surface condition, base repair needs, and drainage requirements. Projects range from parking lots and roadways to industrial yards, typically taking 2-5 days for parking lots.
2. Concrete Paving & Curbing: Commercial concrete installation including sidewalks, ADA-compliant ramps, curbs and gutters, dumpster pads, loading docks, bollards, and safety features. Priced per project based on scope, PSI requirements, and site conditions. Revenue recognized upon project completion.
3. Asphalt Repair & Maintenance: Crack filling, crack sealing, pothole patching, infrared asphalt repair, and sealcoating services. Revenue is project or contract-based, often bundled as part of long-term pavement maintenance plans. Recurring revenue opportunity through preventive maintenance programs.
4. Full-Depth Reclamation & Milling: Cost-effective pavement restoration through full-depth reclamation and asphalt milling. Reuses existing materials, reducing costs. Billed per project based on square footage and project complexity. Offered as an alternative to full reconstruction.
5. Pavement Maintenance Plans: Annual or multi-year maintenance agreements covering inspections, crack sealing, sealcoating, and repairs. Provides recurring revenue and customer lock-in through ongoing service relationships with property managers and HOAs.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels8 records

Core offering

Carolina Asphalt is a commercial paving contractor that installs, repairs, and maintains asphalt and concrete pavement systems for parking lots, roadways, and industrial sites across North and South Carolina. Its services span new paving, milling, full-depth reclamation, infrared repair, crack filling, sealcoating, concrete flatwork and curbing, striping, drainage, soil stabilization, and sports court construction, with over 95% of work self-performed by in-house crews.

Product overview

Carolina Asphalt is a commercial asphalt and concrete paving contractor offering a comprehensive suite of pavement services across North and South Carolina. The company's portfolio centers on two core service lines: Asphalt Paving services (including paving, repair, milling, full-depth reclamation, and sealcoating) and Concrete Paving services (including flatwork, curbing, and ADA-compliant installations). These core offerings are supported by specialized services including parking lot maintenance (crack filling, infrared repairs, patching, striping), sports construction through the America Sports Construction division, drainage and utilities installation, safety features, snow plowing, and soil stabilization. The company positions itself as a full-service provider, handling everything from new installations to ongoing maintenance and rehabilitation, with over 40 years of regional experience serving commercial, municipal, and industrial clients.

Differentiator

Problem solved

Functional benefit

Brands

• America Sports Construction: A division of Carolina Asphalt specializing in sports construction design, maintenance, and installation for athletic courts including tennis, pickleball, padel, basketball, volleyball, playground, and recreation courts. Operates as part of Pave America's national sports construction network.

Products and services

• Asphalt Paving Commercial asphalt paving services including new pavement installation, asphalt overlay and resurfacing, and full asphalt removal and replacement for parking lots, roadways, and industrial sites.
• Asphalt Repair Comprehensive asphalt repair services including crack filling, pothole repair, asphalt milling, full-depth reclamation, and sealcoating to restore pavement strength and appearance.
• Asphalt Milling Cost-effective asphalt milling that removes and grinds the top layer of damaged asphalt while preserving the base layer, with milled material recycled into new asphalt mixes.
• Full Depth Reclamation Pavement restoration that pulverizes existing pavement and underlying materials, blending them to create a stronger base for new asphalt installation, reusing 100% of existing materials.
• Parking Lot Paving Complete parking lot paving services including new construction, resurfacing, repair, and pavement maintenance for commercial, municipal, and industrial properties.
• Concrete Paving & Curbing Commercial concrete paving including sidewalks, ADA-compliant ramps, concrete curbs and gutters, dumpster pads, loading docks, and custom safety features for industrial and commercial properties.
• Concrete Flatwork Horizontal concrete surface installation including parking pads, loading dock approaches, equipment slabs, warehouse floors, and commercial sidewalks designed for heavy traffic and durability.
• Crack Filling Asphalt crack repair using hot-pour rubberized fillers and sealants to prevent moisture infiltration and extend pavement lifespan.
• Infrared Asphalt Repairs Seamless asphalt repair using infrared technology that reheats existing pavement and blends it with new material for thermally bonded, durable patches with no cold joints.
• Patching & Pothole Repairs Asphalt patching and pothole repair using skin patches, partial depth repairs, full depth repairs, and infrared patching methods.
• Pavement Markings (Striping) Professional parking lot striping and pavement markings including parking lines, ADA-compliant markings, fire lanes, directional arrows, crosswalks, and thermoplastic applications.
• Sealcoating Protective sealcoating using coal tar or asphalt-based emulsion applied in 1-2 coats to shield pavement from UV rays, moisture, chemicals, and traffic wear, extending surface lifespan.
• Sports Construction & Specialty Coatings Athletic court design, construction, and maintenance for tennis, pickleball, padel, basketball, volleyball, and playground surfaces, including professional color coatings, cushioned surfacing, and regulation striping.
• Drainage & Utilities Commercial drainage system installation, repair, and maintenance including planning, excavation, utility line installation, and pavement restoration for effective water management.
• Safety Features Installation of parking lot safety features including speed bumps, ADA-compliant curb ramps, bollards, road signs, and textured slip-resistant surfaces.
• Snow Plowing & Ice Management Commercial snow and ice removal using plows, snow blowers, and salt/sand application to keep parking lots and walkways clear during winter weather.
• Soil Stabilization Soil stabilization that strengthens weak subgrade through compaction, grading, slope adjustments, and additive treatments to create a solid foundation for pavement.

Quantifiable outcome

• New asphalt pavement can last up to 20-25 years with proper installation and routine maintenance
• +5 more outcomes

Segments8 records

Ideal customer profiles1 record

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 core and minor.

• Pave AmericacoreStrategic or Co-development Partner · 1 January 2021In 2021, Carolina Asphalt became part of Pave America, the nation's leading asphalt and concrete pavement company. The partnership expanded Carolina Asphalt's service capabilities, regional reach, and operational resources while maintaining the quality and reliability customers have always trusted. As a Pave America company, Carolina Asphalt gains access to substantial purchasing power, unparalleled resources, and a broader range of paving solutions, enabling delivery of a higher level of service on every project.
• America Sports ConstructioncoreStrategic or Co-development PartnerCarolina Asphalt operates as a division of America Sports Construction, leveraging specialized installation expertise for athletic court design, construction, and maintenance. This partnership combines local knowledge with over 5 decades of national sports construction expertise, delivering surfaces that perform in the Carolinas' climate. America Sports Construction holds Carolina Asphalt to the highest standards of athletic court construction.
• ISNetWorldminorOthersCarolina Asphalt is a member contractor of ISNetWorld, a global contractor management platform that verifies contractor safety and regulatory compliance. This membership demonstrates the company's commitment to industry safety standards.
• Make-A-WishminorGTM or Marketing PartnerCarolina Asphalt, as a Pave America company, partners with local Make-A-Wish chapters to support Wish Journeys that bring strength, joy, and lasting memories to wish kids and their families. The company is a 'Proud Partner' of Make-A-Wish, having participated in community initiatives to grant wishes for children with critical illnesses.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Rose Paving Company: One of the largest privately held commercial asphalt paving and maintenance contractors in North America. Rose Paving offers a directly comparable service mix — asphalt paving, repair, sealcoating, cracksealing, striping, and concrete — to commercial property managers, HOAs, and retailers. Highly relevant as a benchmark for self-performing national commercial paving operators with subscription maintenance models.
• Ajax Paving Industries: Established heavy-civil and commercial asphalt contractor providing paving, milling, reconstruction, and pavement maintenance. Strongly comparable on equipment profile (milling machines, pavers, rollers), self-performing delivery, and South/Southeast U.S. activity, making it a relevant operational benchmark.
• Pavement Maintenance & Construction: Commercial pavement maintenance and construction firm offering asphalt repair, sealcoating, crack sealing, striping, and concrete work. Similar vertical-market focus (commercial property managers, retail centers, HOAs) and recurring maintenance program design to Carolina Asphalt.
• Emery Asphalt & Sealing: Regional Carolinas-focused asphalt paving, sealing, and maintenance contractor. Direct overlap of geography, customer base (commercial property managers, HOAs), and service mix including sealcoating, crack repair, and parking lot paving.
• Reliable Paving & Construction: Commercial asphalt and concrete paving contractor offering asphalt installation, resurfacing, repair, and concrete flatwork. Comparable in scale, range of services, and reliance on commercial and property-management customers.
• Atlas Paving & Concrete: Mid-Atlantic and Southeast commercial paving contractor providing asphalt paving, milling, sealcoating, and concrete services. Comparable service portfolio and mix of project-based plus recurring maintenance revenue.
• ACC Asphalt & Concrete: Commercial paving and concrete services firm focused on parking lots, driveways, and repairs for property managers and HOAs. Overlaps with Carolina Asphalt on service mix, customer type, and recurring maintenance programs.
• Bottom Line Industries / Bottom Line Paving: Commercial asphalt paving, repair, sealcoating, and striping firm operating across multiple U.S. regions. Similar service line, customer vertical (commercial property managers), and recurring maintenance contract model.

Broad incumbents

• Pave America: Parent company and the largest U.S. asphalt and concrete pavement platform operating multiple regional subsidiaries. Functions both as parent and as a broad incumbent shaping procurement, equipment access, and competitive dynamics across Carolina Asphalt's Carolinas service territory.

Others

• Vulcan Materials Company: Largest U.S. producer of construction aggregates with adjacent paving services. Adjacent comparability because of its vertical integration of aggregate supply into commercial paving operations, impacting asphalt binder and aggregate procurement economics for regional paving contractors.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/CarolinaAsphalt

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Carolina Asphalt