The Sterling Group Acquires Pavement Preservation Group, Inc. and Vance Brothers to Form Nationwide PPG Platform

May 15, 2025

The Sterling Group has acquired Arizona-headquartered Pavement Preservation Group, Inc. (PPGI) and Kansas City-based Vance Brothers, LLC to create Pavement Preservation Group (PPG), a new national platform focused on pavement preservation and asphalt maintenance. Darin Matson, a long-time pavement sector executive and former CEO of Rogers Group, was named CEO to lead the platform as Sterling pursues a buy-and-build expansion across the central and southwestern United States.

Buyers
The Sterling Group
Targets
Pavement Preservation Group, Inc., Vance Brothers, LLC
Platforms
Pavement Preservation Group (PPG)
Industry
Construction
Location
United States
Transaction Type
Buyout

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