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 Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Dominion Paving & Sealing, Inc. | - |
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