Pavestone

Atlanta, United States Founded: 1980 • Age: 46 yrs Acquired By Quikrete
Segmental concrete products are manufactured and supplied by Pavestone.

About Pavestone

Pavestone is a company based in Atlanta (United States) founded in 1980 was acquired by Quikrete in January 2012.. Pavestone has raised $100 million across 1 funding round from investors including OPUBCO Communications Group and Quikrete. Pavestone has completed 1 acquisition, including Veneerstone. Pavestone offers products and services including Pavers and Retaining Walls.

  • Headquarter Atlanta, United States
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name The Quikrete Companies
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $100 M (USD)

    in 1 rounds

  • Latest Funding Round
    $100 M (USD), Private Equity Round

    Feb 01, 2010

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Quikrete

    (Jan 01, 2012)

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Products & Services of Pavestone

Pavestone offers a comprehensive portfolio of products and services, including Pavers and Retaining Walls. 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.

Primary

Pavers are employed in the construction of pathways and patios for outdoor use.

Retaining walls are utilized to support soil and create structured landscapes.

People of Pavestone
Headcount 500-1000
Employee Profiles 47
Employee Profiles
People
Leonel Solorzano
General Manager
People
Carlos Lopez
Corporate Quality Manager
People
Butch Jones
General Manager
People
Dennis Potts
Plant Manager

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Funding Insights of Pavestone

Pavestone has successfully raised a total of $100M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $100 million completed in February 2010. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 1
  • Last Round Private Equity Round — $100.0M
  • First Round

    (01 Feb 2010)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2010 Amount Private Equity Round - Pavestone Valuation OPUBCO Communications Group
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Pavestone

Pavestone has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include OPUBCO Communications Group and Quikrete. 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.

All
Institutional
Investor Description Founded Year Domain Location
Offers comprehensive web design and development services.
Founded Year Domain Location
Manufactures high-quality concrete and cement products for construction projects.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Pavestone

Pavestone has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Veneerstone. 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.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Diversified building materials are manufactured by Veneerstone.
2006
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Pavestone

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Pavestone Comparisons

Employees
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Competitors of Pavestone

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Pavestone

Frequently Asked Questions about Pavestone

When was Pavestone founded?

Pavestone was founded in 1980 and raised its 1st funding round 30 years after it was founded.

Where is Pavestone located?

Pavestone is headquartered in Atlanta, United States. It is registered at Atlanta, Georgia, United States.

Is Pavestone a funded company?

Pavestone is a funded company, having raised a total of $100M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $100M, raised on Feb 01, 2010.

What does Pavestone do?

Pavestone was established in 1980 in Atlanta, United States, within the construction materials sector. Segmental concrete products, including pavers and retaining walls, are produced and distributed by the company. Operations center on manufacturing processes and supply chain management for hardscape applications. Services extend to wholesale distribution across the United States, supporting infrastructure and landscaping projects.

What products or services does Pavestone offer?

Pavestone offers Pavers and Retaining Walls.

How many acquisitions has Pavestone made?

Pavestone has made 1 acquisition, including Veneerstone.

Who are Pavestone's investors?

Pavestone has 2 investors. Key investors include OPUBCO Communications Group, and Quikrete.

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