Capital Alignment Partners announced the sale of Pavement Preservation Group to The Sterling Group.
Capital Alignment Partners announced the sale of Pavement Preservation Group to The Sterling Group.
Pavement Preservation Group Sale
Capital Alignment Partners (“CAP”) is pleased to announce the sale of Pavement Preservation Group (“PPG”) to The Sterling Group. In 2020, CAP partnered with PPG’s management team by providing debt and equity to execute a regional consolidation strategy in the infrastructure maintenance sector.
PPG is a critical infrastructure solutions provider addressing the growing demand for asphalt and pavement preservation services. The company offers a comprehensive suite of solutions, serving as a unique one-stop shop for both public and private customers.
By partnering with CAP, PPG was able to grow its business through both organic growth and three strategic acquisitions, each enhancing service capabilities and extending geographic reach. These efforts positioned PPG as a leading provider of pavement preservation services across the Southwestern United States.
CAP supported PPG in integrating the four legacy brands into a consolidated, scaled platform within a market traditionally dominated by regional contractors. As a result, PPG significantly improved its profitability and expanded its service capabilities. For any questions, please contact Lee Ballew at Capital Alignment Partners or Franny Jones with The Sterling Group.
PPG is a critical infrastructure solutions provider addressing the growing demand for asphalt and pavement preservation services. The company offers a comprehensive suite of solutions, serving as a unique one-stop shop for both public and private customers.
By partnering with CAP, PPG was able to grow its business through both organic growth and three strategic acquisitions, each enhancing service capabilities and extending geographic reach. These efforts positioned PPG as a leading provider of pavement preservation services across the Southwestern United States.
CAP supported PPG in integrating the four legacy brands into a consolidated, scaled platform within a market traditionally dominated by regional contractors. As a result, PPG significantly improved its profitability and expanded its service capabilities. For any questions, please contact Lee Ballew at Capital Alignment Partners or Franny Jones with The Sterling Group.
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