Perma-Patch, Inc.

Based in the US, Perma-Patch, Inc. specializes in manufacturing innovative asphalt repair products, offering efficient solutions for road maintenance across the nation. Perma-Patch, Inc. manufactures cold-pour asphalt repair products primarily for road maintenance.

Founded in 1929 and headquartered in Baltimore, US, the company has undergone a recapitalization by Agincourt Capital Partners, with financial terms undisclosed. Benjamin Creery serves as CEO. Perma-Patch specializes in the manufacturing of innovative asphalt repair products, primarily focusing on cold-pour solutions designed for efficient road maintenance. Their core offerings include the Perma-Patch® Regular Mix and Quick Set Mix, which are engineered to provide durable, long-lasting repairs to asphalt surfaces, as well as 6690 ColdFuze Crack Sealant, recognized for meeting ASTM D6690 specifications typically associated with hot-applied products.

These products are utilized by various clients, including municipal road maintenance departments, paving contractors, and other entities responsible for road repair and maintenance across the United States. The company's emphasis on American manufacturing ensures that their solutions are readily available to a broad market, servicing regions nationwide where infrastructure repair is a priority. Perma-Patch generates revenue through direct sales of its products to both public and private sector clients, with a focus on B2B transactions. The company's product range includes flagship offerings such as the 6690 ColdFuze Crack Sealant and various asphalt repair mixes, which are sold in multiple packaging options, such as 30 lb pails and 55-gallon drums.

Transactions typically involve one-time purchases made by municipalities and contractors who require high-quality solutions for asphalt repair projects. The pricing structure is designed to cater to the needs of government agencies and construction companies, ensuring accessibility to essential repair materials. These structured sales facilitate ongoing relationships with clients, allowing Perma-Patch to maintain a consistent market presence in the asphalt repair industry. Perma-Patch, Inc.

is focused on expanding its product line and enhancing its market presence. The company plans to introduce new asphalt repair products, aiming for launches within the next year. Additionally, Perma-Patch intends to target growth in new geographic markets within the US, particularly in regions with increasing infrastructure needs. The recent recapitalization by Agincourt Capital Partners will support these initiatives by providing necessary financial resources for product development and market expansion.