{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-24-240069","form_type":"8-K","ticker":"ROAD","cik":"0001718227","company_name":"Construction Partners, Inc.","filed_at":"2024-10-21T23:59:59+00:00","discovered_at":"2026-05-14T18:03:09.346934+00:00","generated_at":"2026-05-30T12:22:39.107808+00:00","sec_items":["1.01","2.02","3.02","5.02","7.01","8.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"CPI acquires Lone Star Paving for $654M cash + 3M shares; reports record FY2024 preliminary results","bullets":["Acquisition of Lone Star (Austin, TX) for $654M cash + 3M Class A shares; HSR cleared; expected close by Dec 31, 2024.","Lone Star's FY2025 annualized run-rate contribution: $530M revenue, $120M Adj EBITDA; transaction immediately accretive.","FY2024 prelim: Revenue $1.821-1.825B (up 17% YoY), net income $68-70M (up 40%+), Adj EBITDA $219-222M (up 27%).","FY2025 outlook: Revenue $2.420-2.520B; Adj EBITDA margin target of 13-14% by FY2025, two years ahead of ROAD-Map 2027.","Entered $750M bridge loan facility to finance cash consideration; BofA Securities and PNC Capital Markets lead arrangers."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-24-240069","json":"https://secwatch.observer/filing/0001193125-24-240069.json","markdown":"https://secwatch.observer/filing/0001193125-24-240069.md","text":"https://secwatch.observer/filing/0001193125-24-240069.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1718227/000119312524240069/0001193125-24-240069-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1718227/000119312524240069/d855143d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-30T12:22:39.107808+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}