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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