Turner Asphalt

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.

Turner Asphalt - overview

Established

1995

Location

Raleigh, NC, US

Primary Industry

Construction

About

Founded in 1995 and based in North Carolina, US, Turner Asphalt provides full-service asphalt solutions to the construction industry throughout southeast United States. The company serves regions including Raleigh, Greenville, Greensboro, Charlotte, Wilmington, and Richmond. In January 2022 Pavement Partners Holdig, LLC acquired Turner Asphalt. Turner Asphalt works with construction companies and offers a broad range of asphalt services including paying, markings and coatings, and repairs.


More specific services include patching holes, concrete and curbing, draining and utilities, seal coating, crack filling, snow plowing, and soil stabilization. Turner Asphalt generates revenue through the provision of services on a project basis. As part of Pavement Partners Holding, LLC, Turner Asphalt will continue to provide its services along with other asphalt and concrete solutions companies to serve more clients in the U. S.


Current Investors

Pavement Partners Holding, LLC

Primary Industry

Construction

Sub Industries

Construction

Website

turnerasphalt.com/

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Turner Asphalt - 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-onCompletedTurner Asphalt-

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.