Associated Asphalt

Roanoke, United States Founded: 1948 • Age: 78 yrs Acquired By Goldman Sachs
Asphalt and paving materials are produced and supplied.
Annual revenue - Latest available
Total funding - 1 rounds
Employees 252 Tracked headcount
Investors 2 Known backers
Products 2 Services tracked
Competitors - Brand Intelligence

About Associated Asphalt

Associated Asphalt is a company based in Roanoke (United States) founded in 1948 was acquired by Goldman Sachs in February 2012. The company has 252 employees as of December 31, 2021. Associated Asphalt has completed 1 acquisition, including Marian Asphalt. Associated Asphalt offers products and services including Asphalt Emulsions and Paving Grade Asphalt.

  • Headquarter Roanoke, United States
  • Employees 252 as on 31 Dec, 2021
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Associated Asphalt, Inc
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    252

    as on Dec 31, 2021

  • Investments & Acquisitions
  • Acquired by
    Goldman Sachs

    & 1 more

    (Feb 08, 2012)

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Products & Services of Associated Asphalt

Associated Asphalt offers a comprehensive portfolio of products and services, including Asphalt Emulsions and Paving Grade Asphalt.

Primary

Asphalt emulsions are provided for pavement preservation and maintenance applications in road projects.

Paving grade asphalt is supplied for infrastructure development, reconstruction, and industrial uses.

People of Associated Asphalt

Headcount 200-500
Employee Profiles 20
Board Members and Advisors 1
Employee Profiles
People
James Hill
COO
People
Steve Tunnell
Terminal Manager
People
Sean Jendry
Director of Supply
People
Andy Hetz
Director of Environmental Health & Safety

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Board Members and Advisors
people
JW Kirk
Chairman

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Funding Insights of Associated Asphalt

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2016 Amount Private Equity Round - Associated Asphalt Valuation

investors

Investors in Associated Asphalt

Associated Asphalt has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Goldman Sachs and ArcLight.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Investment banking services are delivered across multiple financial sectors.
Founded Year Domain Location
Infrastructure investments are focused on energy transition and digital economy by ArcLight.
Founded Year Domain Location

Investments & Acquisitions by Associated Asphalt

Associated Asphalt has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Marian Asphalt.

Investments
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provider of asphalt products
1948

Financial Statements - Associated Asphalt

Associated Asphalt Comparisons

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Competitors of Associated Asphalt

Latest news on Associated Asphalt

Frequently Asked Questions about Associated Asphalt

Associated Asphalt was founded in 1948 and raised its 1st funding round 68 years after it was founded.

Associated Asphalt is headquartered in Roanoke, United States. It is registered at Roanoke, Virginia, United States.

As of Dec 31, 2021, the latest employee count at Associated Asphalt is 252.

Associated Asphalt was founded in 1948 in Roanoke, United States, and operates in the paving materials sector. A range of products is offered, including performance-grade liquid asphalts, emulsions, polymer-modified asphalt, and asphalt rubber binder products. Business is conducted through four subsidiaries: Seaco Asphalt Emulsion, Mariani Asphalt, Colprovia, and Bituminous Technologies (BT Lab). Operations focus on production and supply for paving applications.

Associated Asphalt offers Asphalt Emulsions and Paving Grade Asphalt.

Associated Asphalt has made 1 acquisition, including Marian Asphalt.

Associated Asphalt has 2 investors. Key investors include Goldman Sachs, and ArcLight.

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