secwatch.observer — SEC 8-K summary
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Issuer:     Construction Partners, Inc. (ROAD)
CIK:        0001718227
Form:       8-K
Filed at:   2024-10-22T23:59:59+00:00
Accession:  0001193125-24-240754
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.70
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lone Star Paving FY2023 revenue $410.5M, net income $60.8M in acquisition update
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- Lone Star Paving audited FY2023 revenue $410.5M, gross profit $85.5M, net income $60.8M.
- Total assets $339.1M, equity $200.3M; debt includes $84.4M (current + long-term).
- Acquisition to be funded by proposed senior secured Term Loan B; lender presentation furnished.
- Financials exclude post-June 2024 restructuring: Burnet Ranch contribution and ACE Aggregates buyout.
- Audited FY2021 and FY2022, plus six-month unaudited 2024 statements also provided.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1718227/000119312524240754/0001193125-24-240754-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1718227/000119312524240754/d856383d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-240754

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer