Monroe Street Partners Acquires Majority Stake in American Roadway Logistics

Construction Partners, Inc. Acquires Asphalt Express Enterprises LLC

August 31, 2026

Industrial Services

Construction Partners, Inc. (NASDAQ: ROAD) acquired Asphalt Express Enterprises, LLC, a liquid asphalt supply and hauling business headquartered in Ardmore, Oklahoma. The transaction includes the purchase of Asphalt Express’s rail-served industrial site in Ardmore, which CPI expects to serve as a future liquid asphalt terminal to support its Oklahoma and northern Texas operations.

Frontline Road Safety Acquires American Roadway Logistics from Monroe Street Partners

January 23, 2026

Construction

Frontline Road Safety, the largest provider of pavement marking services in the United States, has acquired American Roadway Logistics (ARL) from Monroe Street Partners. ARL, a Norton, Ohio-based provider of pavement marking and traffic maintenance services, will continue operating with its existing team while benefiting from Frontline's scale, resources and geographic reach. Financial terms were not disclosed.

Arlington Capital Partners Acquires TRP Infrastructure Services from MSouth Equity Partners

July 12, 2021

Infrastructure

Washington, D.C.-based private equity firm Arlington Capital Partners has completed the acquisition of TRP Infrastructure Services, a Fort Worth, Texas-based provider of roadway marking and traffic control services. The transaction — an exit for prior sponsor MSouth Equity Partners — positions TRP as a platform for Arlington to pursue organic growth and add-on acquisitions across state and local government roadway maintenance and traffic control markets.

Oaktree Takes Minority Stake in Rand Logistics from American Industrial Partners

February 17, 2021

Transportation

Funds managed by Oaktree Capital Management’s Transportation Infrastructure Investing Group agreed to acquire a significant minority stake in Rand Logistics from American Industrial Partners. The partnership pairs Oaktree’s transportation infrastructure expertise with AIP’s operational approach to support Rand’s growth across the Great Lakes bulk-freight network.

A&R Logistics Acquires Blue Water Plastic Transport

July 1, 2019

Transportation

A&R Logistics, a Wind Point Partners–backed dry bulk logistics operator, has acquired Blue Water Plastic Transport, a St. Clair, Michigan-based provider of specialty dry bulk transportation, logistics and warehousing for the plastics and chemical industries. The add-on expands A&R’s Midwest presence, increases its specialized tractor/trailer fleet and preserves BWP’s operations in St. Clair under A&R's ownership.

Wind Point Partners Acquires A&R Logistics

May 7, 2019

Trucking & Fleet

Chicago-based private equity firm Wind Point Partners has acquired A&R Logistics, a Louisville-headquartered provider of integrated dry bulk logistics for the chemical and plastics industries. Wind Point will partner with A&R management to expand the company’s domestic infrastructure, grow export capabilities in the Southeast ports, and pursue add-on acquisitions to increase scale and service scope.