---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-250619"
form_type: "8-K"
ticker: "ROAD"
cik: "0001718227"
company_name: "Construction Partners, Inc."
filed_at: "2024-11-04T23:59:59+00:00"
generated_at: "2026-05-30T06:11:57.409454+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Construction Partners closes Lone Star Paving acquisition; raises FY2025 outlook

## Summary
- Acquisition closed Nov 1 for $654.2M cash and 3.0M shares of Class A common stock.
- Issued $850M term loan with Bank of America as administrative agent to finance deal and refinance debt.
- Lone Star becomes Texas platform company operating in central Texas high-growth markets.
- FY2025 revenue guidance raised to $2.48B–$2.58B; Adjusted EBITDA $347M–$377M.
- Net income guidance $97M–$113M; expects meaningful Lone Star contribution in last two months of Q1.

## SEC filing metadata
- accession: 0001193125-24-250619
- form_type: 8-K
- ticker: ROAD
- cik: 0001718227
- company_name: Construction Partners, Inc.
- filed_at: 2024-11-04T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.01, 2.03, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1718227/000119312524250619/0001193125-24-250619-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1718227/000119312524250619/d902915d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-250619
- JSON: https://secwatch.observer/filing/0001193125-24-250619.json
- Plain text: https://secwatch.observer/filing/0001193125-24-250619.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.