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
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Email
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Phone
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Website
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Social
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- Legal Name Associated Asphalt, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
Goldman Sachs
& 1 more
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Employee Count
252
as on Dec 31, 2021
- Investments & Acquisitions
- Acquired by
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
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Funding Insights of Associated Asphalt
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jun, 2016 | Amount | Private Equity Round - Associated Asphalt | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | 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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Investment banking services are delivered across multiple financial sectors.
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Founded Year | Domain | Location | |
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Infrastructure investments are focused on energy transition and digital economy by ArcLight.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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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. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Provider of asphalt products
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1948 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Associated Asphalt
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Associated Asphalt Comparisons
Competitors of Associated Asphalt
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Associated Asphalt
When was Associated Asphalt founded?
Associated Asphalt was founded in 1948 and raised its 1st funding round 68 years after it was founded.
Where is Associated Asphalt located?
Associated Asphalt is headquartered in Roanoke, United States. It is registered at Roanoke, Virginia, United States.
How many employees does Associated Asphalt have?
As of Dec 31, 2021, the latest employee count at Associated Asphalt is 252.
What does Associated Asphalt do?
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.
What products or services does Associated Asphalt offer?
Associated Asphalt offers Asphalt Emulsions and Paving Grade Asphalt.
How many acquisitions has Associated Asphalt made?
Associated Asphalt has made 1 acquisition, including Marian Asphalt.
Who are Associated Asphalt's investors?
Associated Asphalt has 2 investors. Key investors include Goldman Sachs, and ArcLight.
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