On the Record · Construction Partners
Construction Partners acquisitions, on the record
The businesses Construction Partners bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
a quarry in North CarolinaWord for word“We also disposed of a quarry in North Carolina, resulting in total cash proceeds of $37.0 million and a gain on the facility exchange of $5.4 million.” 10-K for 2023 | divestiture | — | total cash proceeds of $37.0 million |
Lone Star Paving (Asphalt, Inc., LLC)Word for word“On November 1, 2024, we acquired all of the outstanding membership units of Asphalt, Inc., LLC (doing business as Lone Star Paving) (“Lone Star Paving” and such acquisition, the “Lone Star Acquisition”), a vertically integrated asphalt manufacturing and paving company headquartered in Austin, Texas, with 10 HMA plants, four aggregate facilities, and one liquid asphalt terminal supporting its operations.” 10-K for 2024 | agreed acquisition | On November 1, 2024 | — |
eight acquisitions completed during the 2024 fiscal year (Alabama, Georgia, North Carolina and South Carolina)Word for word“The total transaction consideration for these acquisitions was approximately $231.7 million.” 10-K for 2024 | acquisition | — | approximately $231.7 million |
Asphalt Inc., LLC (doing business as Lone Star Paving)Word for word“Proceeds from the Term Loan B were used to (i) fund the cash portion of the consideration for our acquisition of Asphalt Inc., LLC (doing business as Lone Star Paving) (“Lone Star Paving”), (ii) repay our outstanding borrowings under our revolving credit facility, and (iii) pay fees and expenses incurred in connection with the related financing transactions and the Lone Star Acquisition.” 10-K for 2025 | acquisition | — | — |
eight HMA plants and related crews and equipment in the Houston, Texas metro area from affiliates of Vulcan Materials CompanyWord for word“In October 2025, we acquired eight HMA plants and related crews and equipment in the Houston, Texas metro area from affiliates of Vulcan Materials Company, and acquired all of the outstanding equity interests of P&S Paving, LLC, an HMA manufacturing and construction business headquartered in Daytona Beach, Florida, with two HMA plants serving northeast and central Florida.” 10-K for 2025 | acquisition | October 2025 | — |
P&S Paving, LLCWord for word“In October 2025, we acquired eight HMA plants and related crews and equipment in the Houston, Texas metro area from affiliates of Vulcan Materials Company, and acquired all of the outstanding equity interests of P&S Paving, LLC, an HMA manufacturing and construction business headquartered in Daytona Beach, Florida, with two HMA plants serving northeast and central Florida.” 10-K for 2025 | acquisition | October 2025 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2017-09-30 | $10.8 million | — | $643,000 |
| 2018-09-30 | $51.3 million | — | $2.3 million |
| 2019-09-30 | $13.9 million | — | $5.6 million |
| 2020-09-30 | $30.2 million | — | $7.8 million |
| 2021-09-30 | $210.7 million | $0 | $39.1 million |
| 2022-09-30 | $128.6 million | $0 | $45.3 million |
| 2023-09-30 | $91.8 million | $37 million | $29.6 million |
| 2024-09-30 | $231.8 million | $0 | $71 million |
| 2025-09-30 | $1.16 billion | $0 | $709.3 million |
Deal filings since 2016
- 2026-06-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2026-06-08 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-07-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-11-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-11-04 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2024-10-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-05-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-11-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-06-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-10-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-06-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-03-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-08-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-06-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-04-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-01-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-10-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-10-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-09-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-08-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-04-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-05-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Construction Partners’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2025-11-25. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.