Cardinal Infrastructure Group Inc. Acquires Allied Paving Contractors, Inc.
Acquiring Company
CARDINAL INFRASTRUCTURE GROUP
Acquired Company
Allied Paving Contractors
Description
On October 1, 2026, Cardinal Infrastructure Group Inc. completed the acquisition of Allied Paving Contractors, Inc. The total consideration for the transaction was approximately $115.0 million, including cash and shares. The completion of this deal reflects Cardinal's commitment to enhancing its portfolio in the infrastructure sector.
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Frequently asked
Who acquired Allied Paving Contractors?
Allied Paving Contractors was acquired by CARDINAL INFRASTRUCTURE GROUP, based in United States. The deal was reported on October 1, 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 Allied Paving Contractors?
CARDINAL INFRASTRUCTURE GROUP's acquisition of Allied Paving Contractors was reported on October 1, 2026. On October 1, 2026, Cardinal Infrastructure Group Inc. completed the acquisition of Allied Paving Contractors, Inc. The total consideration for the transaction was approximately $115.0 million, including cash and shares. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Allied Paving Contractors do?
Allied Paving Contractors is recognized for its expertise in paving services. The company has generated approximately $100 million in standalone revenue. Their experienced crews contribute significantly to paving operations. It is privately held, operating in Construction.
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