Construction Partners Acquires Pickens Construction, Inc.

April 3, 2023

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.

Buyers
Construction Partners, Inc.
Targets
Pickens Construction, Inc.
Platforms
King Asphalt, Inc.
Industry
Construction
Location
South Carolina, United States
Transaction Type
Addon

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