Feb 15, 2024

Sustainable Emulsions, a Division of PRS Holdings, Acquires GuardTop

With the acquisition of GuardTop, PRS Holdings extends its pavement preservation offerings to the private sector.

Jurupa Valley, California, February 12, 2024 – Sustainable Emulsions, a division of PRS Holdings, Inc., a 100% employee-owned ESOP company headquartered in Jurupa Valley, California, proudly announces the acquisition of GuardTop. GuardTop, headquartered in Laguna Niguel, CA, previously owned by Bob and Laura Koleas, brings its expertise and innovative solutions in pavement preservation to the PRS Holdings family of businesses.

With this strategic acquisition, Sustainable Emulsions expands its reach and capabilities in offering comprehensive pavement preservation solutions. Bob and Laura Koleas, who hold a minority interest in Sustainable Emulsions, will continue to contribute their valuable insights and experience to the company's growth and success.

Steve Concannon, President of PRS Holdings, expressed his enthusiasm about the acquisition, stating, "We are thrilled to welcome GuardTop into the PRS Holdings family. This acquisition strengthens our position as a leader in pavement preservation solutions and expands our commitment to providing solutions for every stage of the pavement lifecycle. As Managing Director of Sustainable Emulsions, Bob Koleas brings his wealth of knowledge and leadership to drive the integration and growth of GuardTop within the PRS Holdings ecosystem. His expertise will be instrumental in ensuring a seamless transition and maximizing the synergies between the two companies.

GuardTop is a leading provider of asphalt sealcoat and pavement preservation solutions. They offer a range of high-quality sealcoat products designed to protect and extend the life of asphalt surfaces. GuardTop's sealcoat products are formulated with environmentally friendly materials, emphasizing sustainability. The company is known for its commitment to excellence in customer service and satisfaction.

The acquisition of GuardTop further solidifies PRS Holdings' commitment to providing top-notch services across its various divisions. In addition to Sustainable Emulsions, PRS Holdings encompasses contracting divisions such as Pavement Coatings, Pavement Recycling Systems, PRS Logistics, Wulfenstein Construction, and Reclaimed Aggregates, each contributing unique expertise to the company's portfolio of offerings.

With the acquisition of GuardTop, PRS Holdings extends its pavement preservation offerings to the private sector, especially in areas like parking lots, HOA's, and mobile home parks, further enhancing its ability to serve a diverse range of clients. PRS Holdings is also proud to be the largest asphalt milling company in the United States.

Additionally, PRS Holdings is pleased to announce its ownership of CoolSeal, LLC, the leading manufacturer of cool pavement coatings for mitigating heat islands. CoolSeal's innovative products play a crucial role in sustainable urban development and environmental conservation efforts. For more information about CoolSeal, LLC, please visit their website at www.coolseal.com.

To learn more about Sustainable Emulsions and PRS Holdings, please visit Pavement Recycling Systems' website at https://pavementrecycling.com/.

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