On the Record · Granite Construction

Granite Construction acquisitions, on the record

The businesses Granite Construction 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
Brunswick Canyon quarry and asphalt plant in Nevada Word for word“In 2023, we strengthened and expanded our vertically integrated home markets with acquisitions of the Brunswick Canyon quarry and asphalt plant in Nevada; Coast Mountain Resources (2020) Ltd. ("CMR"), a construction aggregate producer in British Columbia, Canada; and Lehman-Roberts Company and Memphis Stone & Gravel Company (collectively, "LRC/MSG"), asphalt paving and asphalt and aggregate producers and suppliers operating in the Memphis metropolitan market.” 10-K for 2023	acquisition	In 2023	—
Coast Mountain Resources (2020) Ltd. (CMR) Word for word“In addition, on April 24, 2023, we completed the purchase of Coast Mountain Resources (2020) Ltd. ("CMR") for $ 26.6 million.” 10-K for 2023	acquisition	On April 24, 2023	$ 26.6 million
Lehman-Roberts Company and Memphis Stone & Gravel Company (collectively, LRC/MSG) Word for word“On November 30, 2023 ("acquisition date"), we completed the acquisition of Lehman-Roberts Company and Memphis Stone & Gravel Company (collectively, "LRC/MSG") for $278.0 million, subject to customary closing adjustments, plus an estimated amount related to tax make-whole agreements with the seller.” 10-K for 2023	acquisition	On November 30, 2023	$278.0 million
Trenchless and pipe rehabilitation services business (Inliner) Word for word“On March 16, 2022, we sold our trenchless and pipe rehabilitation services business ("Inliner") for a purchase price of $159.7 million, subject to certain adjustments.” 10-K for 2023	divestiture	On March 16, 2022	$159.7 million
Dickerson & Bowen, Inc. ("D&B") Word for word“On August 9, 2024, we completed the acquisition of Dickerson & Bowen, Inc. ("D&B") for $ 125.5 million in cash, subject to customary closing adjustments.” 10-K for 2024	acquisition	On August 9, 2024	$ 125.5 million in cash, subject to customary closing adjustments
Coast Mountain Resources (2020) Ltd. (renamed Granite Infrastructure Canada, Ltd.) Word for word“On April 24, 2023, we acquired Coast Mountain Resources (2020) Ltd. which changed its name to Granite Infrastructure Canada, Ltd. ("Granite Canada") on May 13, 2024.” 10-K for 2024	acquisition	On April 24, 2023	—
Cinderlite Trucking Corporation and related assets ("Cinderlite") Word for word“On October 3, 2025, we completed the acquisition of Cinderlite Trucking Corporation and related assets (“Cinderlite”) for $58.5 million in cash, subject to customary closing adjustments.” 10-K for 2025	acquisition	October 3, 2025	$58.5 million in cash
Slats Lucas, LLC and Warren Paving, Inc. (collectively, "Warren Paving") Word for word“On August 5, 2025, we completed the acquisition of Slats Lucas, LLC and Warren Paving, Inc. (collectively, “Warren Paving”) for $540.0 million in cash, subject to customary closing adjustments.” 10-K for 2025	acquisition	August 5, 2025	$540.0 million in cash
Papich Construction Company, Inc. ("Papich Construction") Word for word“On August 5, 2025, we completed the acquisition of Papich Construction Company, Inc. (“Papich Construction”) for $170.0 million in cash, subject to customary closing adjustments.” 10-K for 2025	acquisition	August 5, 2025	$170.0 million in cash

As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year ended	Cash paid for acquisitions (net of cash acquired)	Cash received from selling businesses	Goodwill from acquisitions
2016-12-31	$0	$0	—
2017-12-31	$0	$0	—
2018-12-31	$55 million	$47.8 million	—
2019-12-31	$6.2 million	$0	—
2020-12-31	$0	$5 million	—
2021-12-31	$0	$0	—
2022-12-31	$0	—	—
2023-12-31	$294 million	—	—
2024-12-31	—	—	$59.8 million
2025-12-31	—	—	$186 million

Deal filings since 2016

2026-08-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2026-06-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2026-02-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2026-02-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2025-08-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2024-06-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-12-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-05-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2023-05-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-06-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2022-02-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2021-04-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-11-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-06-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2020-03-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-11-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-10-30 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2019-08-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-06-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-06-14 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
2018-06-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-04-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-03-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
2018-02-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement

Read from Granite Construction’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 2026-02-13. 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.