Buyout DeskBDVol. II · No. 142  ·  Fri, May 22, 2026ARCHIVED ·  2 deals tracked  ·  Updated 25 hr ago

Buyout Desk

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Add-on·Construction/Construction Materials·May 19, 2026

Pavement Preservation Group buys Asphalt Paving Systems

The transaction sits in outsourced road-infrastructure maintenance, a services niche tied to asphalt repair, resurfacing and lifecycle treatments for paved assets.

Asphalt paving and pavement preservation services provider Asphalt Paving Systems was added to Sterling-backed Pavement Preservation Group as an add-on acquisition.

The deal keeps the asset within pavement services, rather than moving it into a broader general contracting platform.

Asphalt Paving Systems provides services tied to asphalt paving and pavement preservation.

Those categories generally cover work such as placement, resurfacing, repair and preventive treatments intended to maintain paved surfaces over time.

Pavement Preservation Group is the acquirer and operating platform in the transaction, with Sterling as its financial sponsor.

The acquisition fits a same-sector buy-and-build approach centered on pavement maintenance, asphalt services and related infrastructure work.

The deal was announced as a purchase of Asphalt Paving Systems by Pavement Preservation Group.

No seller, advisor, financing, valuation, location or employee details were included in the available deal record.