Granite Construction Acquires Lehman-Roberts Company and Memphis Stone & Gravel

Granite Acquires Warren Paving and Papich Construction

August 6, 2025

Construction

Granite Construction (NYSE: GVA) completed acquisitions of Warren Paving and Papich Construction for a combined purchase price of $710 million, adding approximately $425 million of annual revenue and materially increasing its aggregates reserves and production. The deals expand Granite's vertically-integrated home markets—adding a major barge-enabled aggregates network in the Southeast and quarry/roadbuilding capabilities on California's Central Coast—and are expected to be accretive to adjusted EBITDA.

Granite Construction Acquires Coast Mountain Resources (Operator of Bamberton Quarry)

April 25, 2023

Construction

Granite Construction (NYSE: GVA) has completed the acquisition of Coast Mountain Resources (2020) Ltd., the operator of the Bamberton Quarry on Vancouver Island, British Columbia, located on Malahat First Nation land. The acquisition strengthens Granite's vertically integrated construction materials footprint in its home markets and Granite says it will work with the Malahat First Nation to manage a safe and environmentally responsible operation.

Granite Construction Acquires Dickerson & Bowen, Inc.

August 12, 2024

Construction

Granite Construction Incorporated completed the acquisition of Dickerson & Bowen, Inc., adding three sand and gravel pits and four asphalt plants to its Southeast materials footprint. The bolt-on expands Granite's presence in central and southern Mississippi and builds on its recent Southeast materials platform.

GW Capital Acquires US Marble & Granite, Rebrands as Granite Works Stone Design

October 4, 2021

Building Products

GW Capital, the management company led by Tony Nasrallah, acquired US Marble & Granite and rebranded the business as Granite Works Stone Design. The acquisition expands GW Capital's portfolio (joining Ground Works Land Design), establishes a 55,000 sq. ft. headquarters at 875 Crocker Rd. in Westlake, Ohio, and adds on-site stone fabrication and showroom capabilities for residential and commercial customers.

Construction Partners Acquires Durwood Greene (Durwood Greene Construction Co. and G&S Asphalt)

August 4, 2025

Construction

Construction Partners, Inc. (NASDAQ: ROAD) acquired Durwood Greene Construction Co. and G&S Asphalt, Inc. (d/b/a American Materials, Inc.), an asphalt manufacturing and paving business headquartered in Stafford, Texas. The approximately 200-employee business adds three hot‑mix asphalt plants and an aggregates terminal in the Houston metro area, expanding Construction Partners' Texas footprint and providing vertical integration opportunities with its existing Lone Star Paving assets.

Construction Resources Acquires MVP Granite Countertops and Opustone LLC

May 8, 2025

Building Products

Atlanta-based Construction Resources Company, LLC has acquired two Southeast surface and stone businesses: MVP Granite Countertops (Charleston, SC area) and Opustone LLC (showrooms in Miami, Fort Lauderdale and West Palm Beach, FL). The acquisitions expand Construction Resources' geographic footprint in the southeastern U.S. and add slab fabrication/installation and luxury stone distribution capabilities to its product and service offering.