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
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