Pavement Maintenance, Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Pavement Maintenance, Inc. - overview

Established

1993

Location

Portland, OR, US

Primary Industry

Construction

About

Pavement Maintenance, Inc. is a US-based company specializing in comprehensive maintenance services for paved surfaces, ensuring safety and durability for clients across various sectors. Founded in 1993, Pavement Maintenance, Inc. operates from Portland, US, providing essential services for the upkeep of parking lots, sidewalks, and other paved areas.


Over the years, the company has focused on adapting its strategy to meet the evolving needs of its clientele without any notable pivots. Pavement Maintenance specializes in a comprehensive range of services designed to enhance and maintain the integrity and appearance of parking lots, sidewalks, and other paved surfaces. Their core offerings include sealcoating, crack sealing, lot sweeping, pressure washing, and sidewalk repair, all aimed at preventing deterioration, eliminating trip hazards, and ensuring compliance with regulations such as the Americans with Disabilities Act (ADA). These services are tailored for various clients, including retail, commercial, and industrial property managers, developers, and local municipalities, particularly within the greater Portland area.


By focusing on both immediate repairs and long-term maintenance solutions, Pavement Maintenance addresses critical issues such as water intrusion, surface slickness, and visual appeal, thus providing clients with effective, cost-efficient strategies to maximize the lifespan of their paved surfaces. The company operates primarily in the Pacific Northwest, with services extending beyond Portland to various urban and suburban locations across Oregon and Washington. Pavement Maintenance generates revenue through direct service contracts with a diverse clientele that includes property management companies, corporate facilities, and municipal organizations. Transactions typically involve service agreements where clients request specific maintenance solutions such as asphalt sealcoating or lot sweeping.


The pricing model is structured on a per-service basis, allowing clients to select from various options aligned with their maintenance needs and budgets. Services like sidewalk grinding and graffiti removal may also feature prominently in client contracts, ensuring comprehensive coverage for property upkeep. By fostering long-term relationships with key stakeholders in the commercial real estate sector, the company establishes a reliable revenue stream built on repeat business and ongoing maintenance agreements. Future initiatives include exploring new product avenues to enhance existing services, although specific product launch details have yet to be disclosed.


The company plans to expand its market reach beyond its current regions, particularly targeting new urban areas within and beyond the Pacific Northwest by the end of 2025. The anticipated growth strategy will be supported by the resources and capabilities of Sage Surface Partners following the acquisition. In November 2025, Sage Surface Partners, a portfolio company of Trinity Hunt Partners, acquired Pavement Maintenance, Inc. Financial terms were not disclosed.


Current Investors

Sage Surface Partners

Primary Industry

Construction

Sub Industries

Construction

Website

www.pavemaint.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Pavement Maintenance, 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-onCompletedPavement Maintenance, Inc.-

Displaying 1 - 1 of 1

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.