Broomfield, CO— A-1 Chipseal has acquired the assets of Rocky Mountain Pavement, Denver. Financial terms weren't disclosed.
A-1 Chipseal is a 13-year-old Broomfield-based construction company that specializes in chip seal, a pavement treatment that combines asphalt and aggregate.
Rocky Mountain Pavement is a 15-year-old Denver-based asphalt preventive maintenance company.
All of Rocky Mountain Pavement's operations and processes will combine with A-1 Chipseal. The combined company will operate from Rocky Mountain Pavement's current location at 2001 W. 64th Lane in Denver.
"As the asphalt industry enters a new millennium, there is a strong focus on preserving and maintaining our existing asphalt surfaces," said Ben Vagher, president of A-1 Chipseal. "This acquisition positions us to be a leader in preventive maintenance for both the private and public sectors."