Construction Partners Acquires Southern Asphalt, Inc.

March 7, 2022

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.

Buyers
Construction Partners, Inc.
Targets
Southern Asphalt, Inc.
Industry
Construction
Location
North Carolina, United States
Transaction Type
Buyout

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