Granite Acquires Kenny Seng Construction

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 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.

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

December 5, 2023

Construction

Granite Construction Incorporated (NYSE: GVA) has acquired Lehman-Roberts Company and Memphis Stone & Gravel Company, expanding its materials and paving footprint in the Memphis metropolitan market. The deal adds asphalt plants and sand & gravel mines (with substantial reserves) to Granite’s operations and will be financed with a $150 million term loan plus revolver and cash on hand; the acquired companies’ leadership will remain in place.

Direct Scaffold Supply (Highlander Partners) Acquires Granite Industries

June 8, 2023

Manufacturing

Direct Scaffold Supply (a portfolio company of Highlander Partners) has acquired Granite Industries, a U.S. manufacturer of frame scaffolds, powered carts and staging equipment headquartered in Archbold, Ohio. The add-on expands DSS's product offering, brings domestic manufacturing capability and Midwest footprint to the platform and continues Highlander Partners' buy-and-build strategy for the DSS platform.

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.

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.