Tracked deals
3
3 tracked deals across 2026.
Public Company
Industrial Services
Cardinal Infrastructure Group
Raleigh, North Carolina, United States
Cardinal Infrastructure Group (NASDAQ: CDNL) is a Southeast-focused infrastructure services provider delivering integrated civil and site-development solutions via a self-performing model supported by skilled labor, specialized fleets, and subsidiaries. The company executes turnkey projects at scale while emphasizing long-term client relationships.
- Focus Areas
- Civil and site development services, Wet utility construction, Pipe and underground infrastructure
- Website
- cardinalinfrastructuregroup.com
Recent pace
3
3 tracked deals announced in the last 12 months.
Deal mix
Buyout
3 buyout
Cardinal Infrastructure Group Acquisition Volume by Year
Last 1 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
-
- Buyer
- Cardinal Infrastructure Group
- Target
- Hughes Brothers Construction
- Industry
- Construction
- Location
- Florida, United States
- Type
- Buyout
Cardinal Infrastructure Group entered into a definitive agreement to acquire Hughes Brothers Construction for an initial purchase price of $357.5 million, with total consideration potentially reaching approximately $455 million based on Hughes Brothers’ EBITDA performance. The acquisition is expected to close in the fourth quarter of 2026, subject to regulatory approvals and customary closing conditions, and will give Cardinal a platform in Central Florida for further regional expansion.
-
October 1, 2026
- Buyer
- Cardinal Infrastructure Group, Inc.
- Target
- Allied Paving Contractors
- Industry
- Infrastructure
- Location
- North Carolina, United States
- Type
- Buyout
Cardinal Infrastructure Group, Inc. announced the closing of its acquisition of Allied Paving Contractors. The deal expands Cardinal’s self-performing paving and related infrastructure capabilities in the Atlanta / Northern Georgia market, with Allied generating about $100 million in standalone revenue.
-
- Buyer
- Cardinal Infrastructure Group, Inc.
- Target
- Piedmont Pipe Construction, Inc.
- Industry
- Industrial Services
- Location
- North Carolina, United States
- Type
- Buyout
Cardinal Infrastructure Group announced the acquisition of Piedmont Pipe Construction, a wet utilities provider serving North and South Carolina. Piedmont will operate under the Cardinal Civil Contracting brand as the deal expands Cardinal’s wet utility capabilities in the high-growth Charlotte market.
Related Acquisition Pages
Construction Buyers & Acquisitions
1 tracked deal by Cardinal Infrastructure Group.
Industrial Services Buyers & Acquisitions
1 tracked deal by Cardinal Infrastructure Group.
Infrastructure Buyers & Acquisitions
1 tracked deal by Cardinal Infrastructure Group.
Acquisitions in North Carolina
2 tracked deals by Cardinal Infrastructure Group.
Acquisitions in Florida
1 tracked deal by Cardinal Infrastructure Group.
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