Mangrove Equity Partners Announces the Launch of Peak Pavement Group, a National Pavement Maintenance Platform, and Welcomes Two Additional Partner Companies

HD Sealcoating & Paving Solutions and Maintain It All join founding company A&R Sealcoating. Each company keeps its team and its leadership, now backed by the resources of a growing national platform.

TAMPA, Fla.--(BUSINESS WIRE)--Mangrove Equity Partners, LP (“Mangrove”), a leading lower middle-market private equity firm based in Tampa, Florida, is pleased to announce the launch of Peak Pavement Group (“Peak Pavement”), a newly branded platform company dedicated to the pavement maintenance industry. Alongside the launch, Peak Pavement is welcoming two outstanding founder-led businesses to the platform: HD Sealcoating & Paving Solutions, LLC (“HD Sealcoating”) of Southeast Michigan, and Maintain It All, LLC of Southeast Pennsylvania.

A New Name, Built on Trusted Local Companies

Headquartered in Southeast Michigan, Peak Pavement brings together a growing family of high-quality pavement maintenance businesses focused on asphalt sealcoating, crack filling, and asphalt and concrete repair. The platform traces its roots to 2024, when Mangrove partnered with Rocky Ricelli, founder of A&R Sealcoating, LLC (“A&R”). As the parent company of A&R, and now HD Sealcoating and Maintain It All, Peak Pavement aims to build one of the nation’s largest pure-play pavement maintenance providers, with additional partnerships already in advanced discussions.

“When I founded A&R, the goal was simple: do great work and take care of people, customers and crews alike,” said Rocky Ricelli, Founder & President of A&R Sealcoating. “Peak Pavement is that same idea on a bigger scale. We’re bringing together the best pavement maintenance companies in the country, keeping what makes each of them special, and giving them the backing to grow further than any of us could alone. Welcoming HD Sealcoating and Maintain It All to the family is exactly what this platform was built for.”

For the customers of every Peak Pavement company, the most important news is what isn’t changing. A&R, HD Sealcoating, and Maintain It All will continue to operate under the names their communities know, led by the same founders and served by the same local crews. What the platform adds is depth: greater purchasing power, expanded equipment and crew capacity, broader service capabilities, and the long-term stability that comes with being part of a well-capitalized company built specifically around pavement maintenance.

HD Sealcoating & Paving Solutions of Southeast Michigan

HD Sealcoating has earned a reputation as one of Southeast Michigan’s most trusted pavement repair and maintenance providers. As part of Peak Pavement, HD Sealcoating will work alongside A&R to bring customers across the region a more complete range of maintenance solutions, faster scheduling, and the kind of responsive, local service both companies were built on. The founders of HD Sealcoating remain meaningful shareholders and will continue to lead the business’s day-to-day operations.

“We built HD by showing up, doing the work right, and standing behind it, and none of that changes,” said Alyssa Retsel, Co-Founder of HD Sealcoating. “What changes is what we can offer. Partnering with Peak Pavement and working alongside the A&R team means more crews, more capabilities, and better pricing on materials. That flows straight to our customers. We’re still here, still leading this company, and more excited than ever about what we can deliver for Southeast Michigan.”

Maintain It All of Southeast Pennsylvania

Maintain It All is a leading pavement repair and maintenance company serving residential and commercial customers throughout Southeast Pennsylvania, with a full menu of services including sealcoating, crack filling, patching, paving, power washing, line striping, and concrete repair. The partnership marks Peak Pavement’s first investment in Pennsylvania and establishes a foundation for continued growth in the region, with Maintain It All’s team and leadership firmly at the center of it.

“I started this company to take care of two groups of people: our customers and our crews,” said Gianni Calabretta, Founder and President of Maintain It All. “This partnership lets me do more for both. I’m staying right here in Pennsylvania, leading the same team our customers know, and now we’ve got the backing to grow our capabilities, invest in our people, and keep raising the bar on service. For the folks who’ve trusted us with their parking lots and driveways over the years: thank you, and the best is ahead.”

A Partnership Model Built for Owners

Peak Pavement was created on a simple premise: the best pavement maintenance companies are built by founders who care deeply about their customers, their employees, and their reputations. Those founders deserve a partner who protects all three. Rather than absorbing companies and erasing what made them successful, Peak Pavement invests behind existing leadership, keeps local brands and teams intact, and provides the capital, resources, and peer network to help each business reach its full potential.

Peak Pavement is actively seeking partnerships with complementary businesses specializing in pavement repair and maintenance. Owners who join the platform benefit from:

• Meaningful upfront liquidity and equity ownership in the broader platform
• Performance-based incentive opportunities tied to shared success
• A collaborative network of experienced pavement maintenance leaders
• Best-in-class sales, marketing, and back-office support
• Industry-leading material pricing through combined purchasing power
• Enhanced benefits and incentive programs for employees

Whether an owner is planning for succession or retirement, seeking partial liquidity while continuing to lead, or looking for the capital and support to accelerate growth, Peak Pavement offers a flexible partnership structure designed around the owner’s goals, along with a track record of honoring what founders have built.

Interested in exploring a partnership with Peak Pavement? Please contact Alex Montgomery at Mangrove Equity Partners, or visit peakpavement.com to learn more.

About Peak Pavement Group

Peak Pavement Group is a family of founder-led pavement maintenance companies serving customers across the Midwest and Northeast United States. Headquartered in Southeast Michigan and backed by Mangrove Equity Partners, Peak Pavement partners with exceptional local businesses to preserve their people, their brands, and their commitment to customers, while providing the resources and stability to grow for the long term.

About Mangrove Equity Partners

Mangrove Equity Partners, LP is a leading lower middle-market private equity firm based in Tampa, Florida. Mangrove partners with founders and management teams of established, profitable companies, providing the capital and operational support to help great businesses reach the next level. Learn more at mangroveequity.com.