Construction Partners Acquires Hubbard Paving & Grading
October 2, 2023
Construction Partners, Inc. (NASDAQ: ROAD) has acquired Hubbard Paving & Grading, Inc., a Walhalla, South Carolina-based paving and grading contractor. The deal adds a hot-mix asphalt plant and related operations to CPI's South Carolina platform King Asphalt, Inc., expanding CPI's service footprint in the Upstate/Greenville metro region.
- Buyers
- Construction Partners, Inc.
- Targets
- Hubbard Paving & Grading, Inc.
- Platforms
- King Asphalt, Inc.
- Industry
- Construction
- Location
- South Carolina, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
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.
-
Construction Partners Acquires Pickens Construction, Inc.
April 3, 2023
Construction
Construction Partners, Inc. (NASDAQ: ROAD) acquired Pickens Construction, Inc., a hot‑mix asphalt producer and contractor headquartered in Anderson, South Carolina. The bolt‑on acquisition — which includes one hot‑mix asphalt plant and about 20 employees — will be integrated into CPI’s South Carolina platform, King Asphalt, Inc., and expands CPI’s service footprint in the greater Greenville, South Carolina metro area.
-
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, Inc. Acquires Robinson Paving Company
August 1, 2024
Construction
Construction Partners, Inc. (CPI) has acquired Robinson Paving Company, a Columbus, Georgia–headquartered paving contractor, adding three hot‑mix asphalt plants, crews and equipment to CPI's Georgia operations. The business will operate as a new branded division of CPI's Georgia platform, The Scruggs Company; S&P Capital IQ reported the transaction consideration at approximately $60.3 million and the seller as the Robinson family.
-
Construction Partners, Inc. Acquires PLT Construction Company, Inc.
June 22, 2021
Construction
Construction Partners, Inc. (NASDAQ: ROAD) has acquired PLT Construction Company, Inc., a grading and sitework contractor based in Wilson, North Carolina. The acquisition expands CPI’s vertical integration and construction capabilities in eastern North Carolina by adding experienced crews, construction managers and equipment to support public roadway and private sitework projects.
-
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.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.