Sell-side advisory
The Transaction
CC Capital Advisors acted as the exclusive financial advisor to Vance Brothers, Inc. (“Vance”) on its sale to Pavement Preservation Group (“PPG”), a portfolio company of The Sterling Group.
Founded in 1923 and headquartered in Kansas City, MO, Vance is a premium, vertically-integrated provider of pavement preservation and maintenance solutions in the central U.S. Utilizing its strategically located manufacturing plants, robust employee and equipment base, and outstanding service capabilities, Vance provides asphalt surface treatments that help maintain and extend the useful life of America’s roads while maintaining an excellent track record of quality and safety.
Headquartered in Nashville, TN, PPG is a provider of pavement preservation and critical infrastructure solutions across the U.S. PPG’s operating divisions have more than 230 years of collective operating experience, providing reliable asphalt services and innovative pavement preservation solutions that address the ever-growing need of preserving America’s infrastructure.
Based in Houston, TX, The Sterling Group is an operationally focused middle market private equity firm that specializes in partnering with management teams to grow and build winning industrial businesses. Founded in 1982, The Sterling Group has sponsored the buyout of 67 platform companies and numerous add-on acquisitions for a total transaction value of over $22.0 billion.
This strategic acquisition helps continue the century-old Vance family legacy and advances PPG’s expansion strategy of forming a leader in the pavement preservation and infrastructure maintenance industry. The partnership enhances growth by expanding product and service offerings and extending geographic reach, all while preserving top-tier local execution capabilities.
About CC Capital Advisors
CC Capital Advisors is a Kansas City-based investment banking firm specializing in mergers and acquisitions, capital raising, and corporate finance advisory services for family- and founder-owned businesses across diverse industries. Since its founding in 1994, the firm has successfully advised on over $7 billion in transactions, leveraging a team with more than a century of combined experience. CC Capital Advisors is known for its tailored, hands-on approach, guiding clients through complex financial transitions with integrity and strategic insight. Whether preparing for a sale, pursuing growth through acquisitions, or seeking capital solutions, CC Capital Advisors delivers trusted expertise to help businesses achieve their goals.
