Acquisition · Portfolio-company
Asphalt Paving Systems, Inc. and related affiliates
Transaction overview
Status: Reported acquisition
Exact closing date not established.
Pavement Preservation Group, a Sterling Group portfolio company, announced its acquisition of Asphalt Paving Systems and related pavement-preservation affiliates. The transaction expanded the platform's contracting and asphalt-products capabilities. The May 19, 2026 announcement does not specify a legal closing day.
Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.
Source evidence
- Pavement Preservation Group Announces the Acquisition of Asphalt Paving Systems ↗
The Sterling Group · Published May 19, 2026
Pavement Preservation Group, a Sterling Group portfolio company, announced its acquisition of Asphalt Paving Systems and related pavement-preservation affiliates. The transaction expanded the platform's contracting and asphalt-products capabilities. The May 19, 2026 announcement does not specify a legal closing day.