MegaPatch

MegaPatch makes a special cold patch for potholes that could revolutionize road repair.

MegaPatch LLC, a Madison, Miss., company that is producing “the world’s most durable cold patch for pothole repair,” underwent a number of changes in 2018, with more planned for this year.

First, there was a name change (from Mega Technologies LLC) to more accurately align with their pothole repair product, also called MegaPatch. Second, Jack Wilson, the founder and inventor of MegaPatch, sold a 50-percent interest in the company to an investment group.

“I’m an innovator and a very creative person, but I’m not the one to build a large business, and we’re hoping to have a significant size within the next year,” Wilson said.

Anyone who has spent any time driving knows the hazards of potholes, especially in the winter when there is a rain followed by a freeze that cracks up the asphalt.

“Some potholes are filled eight or nine times during the winter because they don’t make asphalt in the winter and use cheaper material to temporarily fill the pothole,” Wilson said, but MegaPatch is revolutionary because it can be applied anytime and is a permanent fix to the pothole.

”That’s the business we are after,” he said.

MegaPatch was in 13 states this past year demonstrating its product. Testing is being conducted by several major universities and the U.S. Army Corps of Engineers. The testing is a slow process, as the material must go through several freeze and thaw cycles to ensure that a pothole will stay securely filled through weather changes.

“Innovate Mississippi gave us some really good information, and they worked hard with us. I didn’t want just an investor; I needed help,” Wilson adds. He remains in charge of research and development, but the company now has a president and some staff who are establishing contacts throughout the U.S.

When asked what’s next for Wilson, he said, “Sell the rest of the company! I’m 82 years old, and I’m about ready to stop.”

While we think it’s unlikely Wilson could stop if he wanted to, if his innovative product continues to perform as it has, the prospect of a lucrative exit looks promising.