What is Asphalt Solutions Plus?
Asphalt Solutions Plus LLC is a prominent commercial paving company headquartered in Marshall, Michigan. The firm specializes in a comprehensive suite of asphalt services, including paving, milling, repairs, and ongoing maintenance. Their offerings extend to essential services such as crack sealing, sealcoating, and pavement marking, primarily serving commercial clientele across various Michigan cities. Leveraging over 150 years of combined industry experience, Asphalt Solutions Plus is committed to delivering high-quality workmanship, exceptional customer service, and meticulous attention to detail in all its projects.
How much funding has Asphalt Solutions Plus raised?
Asphalt Solutions Plus has raised a total of $430K across 2 funding rounds:
Debt
$150K
Debt
$280K
Debt (2020): $150K with participation from PPP
Debt (2021): $280K led by PPP
Key Investors in Asphalt Solutions Plus
Undisclosed Investor
This entity, identified as PPP, participated in the company's debt financing rounds. Further details on their investment focus are not publicly available.
Undisclosed Investor
This entity, identified as PPP, participated in the company's debt financing rounds. Further details on their investment focus are not publicly available.
Undisclosed Investor
This entity, identified as PPP, participated in the company's debt financing rounds. Further details on their investment focus are not publicly available.
What's next for Asphalt Solutions Plus?
The recent large-scale, late-stage funding indicates a strategic push for Asphalt Solutions Plus, likely aimed at scaling operations, expanding its service area within Michigan, or potentially acquiring complementary businesses. This significant capital infusion positions the company for accelerated growth and market consolidation. Future developments may include enhanced technological adoption for paving efficiency, broader service diversification, or strategic partnerships to solidify its leadership in the commercial asphalt market.
See full Asphalt Solutions Plus company page
