Strength Capital Partners Invests in Pinnacle Paving & Sealing
Strength Capital Partners, LLC (“Strength”), a private investment company based in Birmingham, MI, is pleased to announce its recent investment in and partnership with Pinnacle Paving & Sealing (“Pinnacle” or the “Company”).
Headquartered in Milford, OH, Pinnacle is a leading provider of commercial and residential parking lot and driveway paving services to customers throughout the Greater Cincinnati area.
Pinnacle is a “one stop shop” for their customers, providing a complete set of services related to parking lot surface management. The Company’s service offering includes asphalt reconstruction, resurfacing, repair, patching, sealcoating, hot crack sealing, concrete repair, lot marking and storm sewer repair / installation. Pinnacle’s extensive capabilities and high-quality equipment allow them to accommodate a wide range of project sizes and scopes.
The Company was founded in 2006 by CEO Alan Zahumensky, who started Pinnacle after having spent over 20 years in the paving industry. Pinnacle has developed a sterling reputation within the industry for their quality work, technical expertise, and strong focus on customer service. The Company prides itself of providing personalized attention to every customer and every project. Pinnacle’s strong focus on quality and customer service has allowed them to grow to become one of the most well recognized and most reliable providers of asphalt maintenance services in the Greater Cincinnati area.
Strength is excited to partner with Alan and the entire Pinnacle team to continue to execute on the Company’s growth strategy. Alan will continue to lead the Company going forward.
Strength Capital’s financing partners for the transaction included First Merchants Bank and Northcreek Mezzanine. Jaffe Raitt Heuer & Weiss (Lee Kellert) provided legal counsel to Strength.