Construction Partners Acquires Rose Brothers Paving Company

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.

Rose Paving Acquires Paving Associates, LLC

January 28, 2025

Construction

Rose Paving, a Chicago-area pavement services provider backed by Tenex Capital Management, has acquired Paving Associates, a pavement maintenance contractor serving the greater New York metropolitan area. The acquisition expands Rose Paving’s Atlantic Coast footprint and brings Paving Associates’ team into Rose’s national service network.

Construction Partners, Inc. Acquires King Asphalt, Inc.

October 4, 2021

Construction

Construction Partners, Inc. (NASDAQ: ROAD) acquired King Asphalt, Inc., a Liberty, South Carolina-based hot-mix asphalt and paving company with three plants in the Greenville area. The acquisition gives Construction Partners a South Carolina platform to support future geographic expansion and participation in public, commercial and residential paving projects.

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.

Rose Paving Merges with Atlantic Southern Paving

December 5, 2024

Construction

Rose Paving has merged with Atlantic Southern Paving to create one of the largest self-performing paving companies in the United States, combining complementary geographic footprints and creating a nationwide network. The combined business — supported by existing investors Tenex Capital Management (Rose) and Harbor Beach Capital (ASP) — will operate over 1,000 employees across 34 offices to expand scale and service capabilities.

Construction Partners, Inc. Acquires C.K. Earnhardt & Son, Inc.

September 10, 2021

Construction

Construction Partners, Inc. (NASDAQ: ROAD) acquired C.K. Earnhardt & Son, Incorporated, a North Carolina-based asphalt contractor, adding a hot-mix asphalt plant, personnel and equipment in the greater Charlotte metro area. The acquisition expands Construction Partners' geographic footprint within North Carolina to support participation in ongoing development and public infrastructure projects.