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
Explore More
Related Acquisitions
-
Vance Brothers (Pavement Preservation Group) Acquires Circle C Paving
October 6, 2025
Construction
Vance Brothers, a division of Pavement Preservation Group (PPG) — a portfolio company of The Sterling Group — has completed the acquisition of Circle C Paving and Construction, LLC and Circle C Transport, LLC (collectively "Circle C"). Headquartered in Goddard, Kansas, Circle C is a regional provider of pavement preservation (primarily chip and scrub sealing) serving public, commercial and residential customers in Kansas and northern Oklahoma; the business will be integrated into Vance/PPG to expand the platform’s regional presence and capabilities.
-
Pavement Preservation Group Acquires Holbrook Asphalt and Integrated Pavement Solutions
January 28, 2026
Industrial Services
Pavement Preservation Group (PPG), a portfolio company of The Sterling Group, acquired Holbrook Asphalt, LLC and Integrated Pavement Solutions, LLC to expand its national pavement preservation platform. The deal broadens PPG’s geographic footprint across the Intermountain West, Southwest and Southern United States and adds IPS’s HA5 product line and related preservation capabilities to the platform.
-
Pavement Partners and Brothers National Merge to Form Pave America
February 27, 2023
Construction
Pavement Partners Holding, LLC and Brothers National, LLC have merged to form Pave America, a nationwide pavement services platform. The combined company will be primarily controlled by Shoreline Equity Partners and Trivest Partners, with Lincoln Road Global Management retaining a minority stake and board representation; Tom York will serve as CEO and Paul Garner as President.
-
Frontline Road Safety (The Sterling Group) Acquires Griffin Pavement Striping
September 29, 2020
Infrastructure
Frontline Road Safety, a platform backed by The Sterling Group, has completed the acquisition of Griffin Pavement Striping, a Columbus, Ohio-based provider of road, highway and airport line striping. The deal is an add-on to Frontline’s national road-safety and pavement marking platform intended to expand the platform’s local execution capabilities and geographic footprint in Ohio.
-
Rose Paving Acquires Paving Associates, LLC
January 28, 2025
Construction
Rose Paving, a Chicago-area pavement services provider backed by Tenex Capital Management, has acquired Paving Associates, a pavement maintenance contractor serving the greater New York metropolitan area. The acquisition expands Rose Paving’s Atlantic Coast footprint and brings Paving Associates’ team into Rose’s national service network.
-
Pavement Partners Acquires Dominion Paving & Sealing
August 16, 2021
Construction
Pavement Partners Holding, LLC, a pavement services platform formed via Shoreline Equity Partners' recapitalization of Finley Asphalt & Concrete, has acquired Dominion Paving & Sealing, a Purcellville, Virginia-based asphalt and concrete services provider. The deal is Pavement Partners' first add-on following the platform formation and is intended to expand the platform's market share and service footprint across the Washington D.C. metro and surrounding Mid-Atlantic markets.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.