What is Superior Blacktop Services?
Superior Blacktop Services, operating as SBS Blacktop Services, is a comprehensive asphalt contractor headquartered in Charleston, SC. The company specializes in a wide array of services including residential and commercial paving, asphalt repair, parking lot maintenance, and sealcoating. Serving a broad client base that encompasses churches, retail establishments, hospitals, and industrial sites, SBS Blacktop offers services such as asphalt crackfill, pothole repair, and line striping. As a component of the ASP Family of Companies, SBS Blacktop leverages national expertise while delivering localized, high-quality craftsmanship and customer-focused solutions, aiming for timely and cost-effective project completion.
How much funding has Superior Blacktop Services raised?
Superior Blacktop Services has raised a total of $312K across 2 funding rounds:
Debt
$150K
Debt
$162K
Debt (2020): $150K with participation from PPP
Debt (2021): $162K led by PPP
Key Investors in Superior Blacktop Services
PPP
Public-Private Partnership
PPP
Public-Private Partnership
Undisclosed Investors
What's next for Superior Blacktop Services?
The substantial capital infusion, characterized as a large-scale late-stage funding event, positions Superior Blacktop Services for accelerated growth and market penetration. This strategic backing is likely to facilitate the expansion of its service offerings, enhancement of operational capabilities, and potentially geographic diversification. Given the company's focus on infrastructure and maintenance services, future investments may target technological advancements in paving and repair, as well as the acquisition of complementary businesses to broaden its service portfolio and solidify its market leadership in the competitive asphalt contracting industry.
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