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Construction Partners, Inc. acquires Robinson Paving Company to expand into Columbus Metro Area

PUBLIC · ROADAug 01, 2024•almost 2 years ago

Acquiring Company

Construction Partners

Acquired Company

Robinson Paving Company

DothanColumbusSustainabilityConstructionBuilding MaintenanceCivil EngineeringManufacturingConstructionBuilding Material

Description

Construction Partners, Inc., a civil infrastructure company, has completed the acquisition of Robinson Paving Company, headquartered in Columbus, Georgia. This strategic acquisition brings three hot-mix asphalt plants and related crews and equipment to expand the company's operations into the Columbus Metro Area, furthering its growth in the state of Georgia.

Company Information

Company

Construction Partners

Location

Dothan, Alabama, United States

About

Construction Partners, Inc. is a vertically integrated civil infrastructure company operating across five southeastern states, with 56 hot-mix asphalt plants, 14 aggregate facilities and one liquid asphalt terminal. Publicly funded projects make up the majority of its business and include local and state roadways, interstate highways, airport runways and bridges. The majority of the Company's public projects are maintenance-related. Private sector projects include paving and sitework for office and industrial parks, shopping centers, local businesses and residential developments. To learn more, visit www.constructionpartners.net.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed