Construction Partners Acquires Three Hot‑Mix Asphalt Plants from Blue Water Industries
November 21, 2022
Construction Partners, Inc. (CPI) acquired three hot‑mix asphalt (HMA) plants and related construction operations in the Nashville, Tennessee metro area from Blue Water Industries. The assets will be integrated as bolt‑on additions to CPI’s Alabama‑based platform Wiregrass Construction Company; the transaction also included a cash consideration and the transfer of CPI’s Daurity Springs Quarry to Blue Water Industries with aggregate sourcing rights retained by CPI.
- Buyers
- Construction Partners, Inc.
- Targets
- Three hot‑mix asphalt plants and related construction operations (assets acquired from Blue Water Industries)
- Sellers
- Blue Water Industries
- Platforms
- Wiregrass Construction Company
- Industry
- Construction
- Location
- Tennessee, United States
- Transaction Type
- Addon
Explore More
Related Acquisitions
-
Construction Partners Acquires Hudson Paving, Inc.
June 3, 2024
Construction
Construction Partners, Inc. (NASDAQ: ROAD) has acquired Hudson Paving, Inc., a hot‑mix asphalt plant operator headquartered in Rockingham, North Carolina. The deal is a bolt‑on add‑on for CPI's North Carolina platform, Fred Smith Company, and expands CPI's capacity to serve the Pinehurst and Southern Pines/Sandhills region with additional plant, crews and equipment.
-
Construction Partners Acquires Two Hot-Mix Asphalt Plants in Florida
March 23, 2020
Construction
Construction Partners, Inc. (NASDAQ: ROAD) acquired two hot‑mix asphalt plants located in Pensacola and Defuniak Springs, Florida, expanding its footprint in the Florida panhandle. The plants provide strategic access to aggregate rail terminals and support the company’s ability to serve public and private roadway and Department of Defense projects in the region.
-
Construction Partners Acquires Pickens Construction, Inc.
April 3, 2023
Construction
Construction Partners, Inc. (NASDAQ: ROAD) acquired Pickens Construction, Inc., a hot‑mix asphalt producer and contractor headquartered in Anderson, South Carolina. The bolt‑on acquisition — which includes one hot‑mix asphalt plant and about 20 employees — will be integrated into CPI’s South Carolina platform, King Asphalt, Inc., and expands CPI’s service footprint in the greater Greenville, South Carolina metro area.
-
Construction Partners, Inc. Acquires GMJ Paving Company, LLC
February 2, 2026
Infrastructure
Construction Partners, Inc. (CPI) has acquired GMJ Paving Company, LLC, adding a hot-mix asphalt plant in Baytown (east of Houston) and bringing CPI's Houston-area plant count to 12. GMJ will join CPI's Durwood Greene Construction Co. platform, expanding CPI's production footprint and local operating talent to support public infrastructure work across the Houston metro area.
-
Construction Partners, Inc. Acquires John G. Walton Construction Company, Inc.
September 10, 2024
Construction
Construction Partners, Inc. (NASDAQ: ROAD) has acquired John G. Walton Construction Company, Inc., a Mobile, Alabama–based contractor that includes a hot‑mix asphalt plant and related crews and equipment. The acquisition expands Construction Partners' hot‑mix asphalt capacity and local presence in the Mobile and southwestern Alabama market, supporting the company's continued geographic growth in Alabama.
-
Construction Partners Acquires Southern Asphalt, Inc.
March 7, 2022
Construction
Construction Partners, Inc. (NASDAQ: ROAD) has acquired Southern Asphalt, Inc., an asphalt paving contractor based in Burgaw, North Carolina, expanding the company's footprint into the Wilmington, NC metro area. The acquisition adds a local paving team and capabilities to Construction Partners' civil infrastructure platform in the southeastern United States.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.