Dominion Paving & Sealing, Inc.

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Dominion Paving & Sealing, Inc. - overview

Established

1982

Location

Herndon, VA, US

Primary Industry

Business Support Services

About

Based in the US, Dominion Paving & Sealing, Inc. specializes in providing comprehensive asphalt and concrete services, ensuring high-quality paving and sealing solutions for various commercial and residential applications. Dominion Paving & Sealing, Inc. operates in the paving and sealing industry, focusing on high-quality asphalt and concrete services.


Founded in 1982 and headquartered in Herndon, US, the company has seen strategic growth. In August 2021, it was acquired by Pavement Partners Holding, LLC, allowing for expanded market reach. The company has completed 1 deal to date, with the most recent deal occurring on 2021-08-16. Dominion Paving offers a wide array of services including asphalt paving, sealcoating, crack filling, pavement markings, and parking lot maintenance.


Their expertise enhances safety, functionality, and aesthetics for roadways, sidewalks, and parking lots, catering primarily to commercial properties, educational institutions, and residential communities in Northern Virginia, Eastern West Virginia, Maryland, and the Washington D. C. metro area. Revenue for Dominion Paving is generated through contracts for asphalt installation, maintenance, and paving solutions targeted at commercial and multi-use residential markets.


The company primarily operates on a B2B basis, forming direct contracts with clients and pricing services based on project scope and complexity, fostering strong relationships with municipalities and commercial property owners. Following the acquisition on 2021-08-16, Dominion Paving is positioned for growth within its existing markets and aims to explore new geographic regions. The acquisition is expected to enable Pavement Partners Holding, LLC to enhance market share in core areas and potentially expand globally. Specific plans for new products and services have not been disclosed.


Current Investors

Pavement Partners Holding, LLC

Primary Industry

Business Support Services

Sub Industries

Facilities & Maintenance Services, Construction

Website

www.dominionpaving.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Dominion Paving & Sealing, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedDominion Paving & Sealing, Inc.-

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