- Precision Asphalt Maintenance was founded in 2005
- Based in Tampa, Osceola Capital invests in lower middle-market services companies
Tendit Group, which is backed by Osceola Capital, has acquired Utah-based Precision Asphalt Maintenance, a provider of asphalt services. No financial terms were disclosed.
Tendit Group is a provider of exterior facility maintenance services in the Mountain West.
Precision Asphalt Maintenance was founded in 2005.
“The acquisition of PAM furthers Tendit’s strategy of offering each of our core services in every geography the company operates,” said Patrick Watkins, a partner at Osceola Capital in a statement. “We look forward to expanding Tendit’s reach and providing more and better services to our customers.”
Based in Tampa, Osceola Capital invests in lower middle-market services companies.