Acquisition · Portfolio-company

Asphalt Paving Systems, Inc. and related affiliates

Transaction overview

Status: Reported acquisition

Announcement date:

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

  1. 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.

Asphalt Paving Systems, Inc. and related affiliates · RIA Monitor