Mangrove Equity Partners Announces Formation of Peak Pavement Group

Headquartered in Southeast Michigan, Peak Pavement Group, LLC is dedicated to serving the pavement maintenance industry and brings together a growing family of high-quality pavement maintenance businesses with a strong focus on asphalt sealcoating, crack filling, and asphalt and concrete repair services. Peak Pavement is purpose-built to elevate service consistency, operational excellence, and long-term value creation for partnering business owners and their teams.

Recent Strategic Acquisitions

A&R Sealcoating is the initial investment under the Peak Pavement banner. Michigan's largest pure pavement maintenance provider, A&R offers asphalt sealcoating, asphalt patching, joint and crack sealing, striping, and concrete repair services to a diverse, highly recurring customer base. Widely regarded as an industry expert, A&R sets itself apart from competitors through a one-stop-shop service model, superior technical knowledge, and an unwavering commitment to quality.

HD Sealcoating is a leading pavement repair and maintenance provider serving the Southeast Michigan market. Upon joining Peak Pavement, HD Sealcoating will begin collaborating with A&R Sealcoating to form a comprehensive, unified service offering across Southeast Michigan. This partnership between two highly complementary businesses creates operational synergies and establishes a deep, growth-oriented leadership team well-positioned to capture additional market share.

Maintain It All is a leading provider of pavement repair, maintenance, and replacement solutions serving the Southeastern Pennsylvania market, including the suburbs of Philadelphia. The company offers a comprehensive suite of commercial and residential services, including sealcoating, crack filling, patching, paving, and power washing, making it one of the most full-service operators in the region. As Peak Pavement's flagship Pennsylvania asset, Maintain It All establishes a strong anchor from which to pursue further consolidation and organic growth across the Mid-Atlantic.

About Mangrove Equity Partners: Mangrove Equity Partners strives to deliver uncommon value to those we partner and work with, including business owners, management teams and their employees and the intermediaries who help bring us together. We draw on our genuine and deep operational experience, extensive investment history, respect for people and culture and commitment to doing the right thing to help create positive outcomes for everyone involved.

Mangrove pursues investments in a broad range of industries, with a particular emphasis and past success in niche manufacturing, industrial and business-to-business services and enthusiast consumer products. We seek to invest in businesses headquartered in North America with EBITDA ranging from $3 million to $10 million and revenue ranging from $10 million to $100 million. For more information, please visit https://www.mangroveequity.com.