Headquartered in Southeast Michigan, Peak Pavement 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. The platform is purpose-built to elevate service consistency, operational excellence, and long-term value creation for partnering business owners and their teams.
In 2024, Mangrove partnered with Rocky Ricelli, founder of A&R Sealcoating, LLC (“A&R”), to establish what is now Peak Pavement. As the parent company of A&R, Peak Pavement aims to build one of the nation’s largest pure-play pavement maintenance providers and is in advanced discussions with several industry leaders.
“We are developing something truly unique in this industry—a large, multi-state company focused on pavement repair and maintenance services” said Rocky Ricelli, Founder & President of A&R. “This creates a stable, predictable business with minimal capital expenditure requirements, and we’re excited about the opportunity it represents for business owners and employees alike.”
Peak Pavement is actively seeking partnerships with complementary businesses specializing in asphalt and concrete repair and maintenance. Ideal partners generate at least $5 million in annual revenue and primarily provide maintenance services. Business owners who join Peak Pavement can benefit from:
- • Meaningful upfront liquidity
- • Equity ownership in the platform
- • Performance-based incentive opportunities
- • A strong network of pavement maintenance leaders
- • Best-in-class sales and marketing resources
- • Industry-leading material pricing
- • Enhanced employee benefits and incentive programs
Peak Pavement offers compelling solutions for owners seeking succession options, retirement transitions, partial liquidity, or the capital and support needed to accelerate growth.
Interested in exploring a partnership with Peak Pavement? Please contact Alex Montgomery at Mangrove Equity Partners.
Check out peakpavement.com to learn more.