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Construction Partners, Inc. Completes North Carolina Acquisition

PUBLIC · ROADMar 07, 2022

Acquiring Company

Construction Partners

Acquired Company

North Carolina

DothanSustainabilityConstructionBuilding MaintenanceCivil Engineering

Description

Construction Partners, Inc. (NASDAQ: ROAD) (the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways across five southeastern states, today announced that it has acquired Southern Asphalt, Inc., an asphalt paving contractor based in Burgaw, North Carolina, that primarily serves the Wilmington, North Carolina metro area.

Quick answer

Construction Partners is acquiring North Carolina, announced March 7, 2022. Construction Partners is based in Dothan, Alabama, United States.

How much did Construction Partners pay for North Carolina?
The deal value was not disclosed.
What does Construction Partners do?
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.
Where are Construction Partners and North Carolina based?
Construction Partners is based in Dothan, Alabama, United States.
Who are the decision-makers at Construction Partners?
Fundz holds 5 contacts at Construction Partners. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Other recent acquisitions in Sustainability and Construction

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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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Related People

Ryan
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Michelle
Senior decision-maker at this company
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Brent
Likely contact at this company
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Joseph
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Frequently asked

Who acquired North Carolina?

North Carolina was acquired by Construction Partners, based in Dothan. The deal was reported on March 7, 2022. 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. Construction Partners is publicly traded (ROAD) and operates in Sustainability.

When did Construction Partners acquire North Carolina?

Construction Partners's acquisition of North Carolina was reported on March 7, 2022. Construction Partners, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does North Carolina do?

North Carolina is the company acquired in this transaction. It is privately held.

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

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