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Cardinal to acquire Hughes Brothers for $357.5 million

PUBLIC · CDNLOct 13, 2026

Acquiring Company

CARDINAL INFRASTRUCTURE GROUP

Acquired Company

Hughes Brothers Construction

United StatesOrlandoEnergySmart CitiesConstructionBuilding Maintenance

Description

Cardinal Infrastructure Group, Inc. has announced its acquisition of Hughes Brothers Construction, Inc. for $357.5 million. The transaction aims to enhance Cardinal's platform in the Central Florida market and is expected to close in Q4 2026. This acquisition aligns with Cardinal's strategy of expanding its site development capabilities and improving revenue visibility. Experienced leadership from Hughes Brothers will continue to drive the business post-acquisition.

Company Information

Company

CARDINAL INFRASTRUCTURE GROUP

Location

United States

About

Cardinal Infrastructure Group Inc. operates in the infrastructure sector, focusing on the development and management of infrastructure projects primarily in the United States. The company is involved in providing essential services and utilities, likely including energy, transportation, or telecommunications projects, enhancing regional connectivity and sustainability. Its headquarters is located in Raleigh, North Carolina, which positions it strategically within a growing market. The company has a significant public trading presence under the symbol 'CDNL' on The Nasdaq Stock Market LLC, indicating its status as a publicly traded entity. As an emerging growth company, Cardinal Infrastructure Group Inc. is committed to innovative practices and has plans for strategic expansions to capture new market opportunities.

Fundz sees it the moment CARDINAL INFRASTRUCTURE GROUP makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Frequently asked

Who acquired Hughes Brothers Construction?

Hughes Brothers Construction was acquired by CARDINAL INFRASTRUCTURE GROUP, based in United States. The deal was reported on October 13, 2026. Cardinal Infrastructure Group Inc. operates in the infrastructure sector, focusing on the development and management of infrastructure projects primarily in the United States. CARDINAL INFRASTRUCTURE GROUP is publicly traded (CDNL) and operates in Energy.

When did CARDINAL INFRASTRUCTURE GROUP acquire Hughes Brothers Construction?

CARDINAL INFRASTRUCTURE GROUP's acquisition of Hughes Brothers Construction was reported on October 13, 2026. Cardinal Infrastructure Group, Inc. has announced its acquisition of Hughes Brothers Construction, Inc. for $357.5 million. The transaction aims to enhance Cardinal's platform in the Central Florida market and is expected to close in Q4 2026. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Hughes Brothers Construction do?

Hughes Brothers Construction, Inc. is a leading contractor in the heavy civil and site development sector in Central Florida. The company boasts a substantial workforce and has established solid relationships across diverse end markets. It is privately held, operating in Construction, and is based in Orlando.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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