secwatch.observer — SEC 8-K summary
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Issuer:     Construction Partners, Inc. (ROAD)
CIK:        0001718227
Form:       8-K/A
Filed at:   2025-01-17T23:59:59+00:00
Accession:  0001193125-25-008462
Event type: m_and_a
Sentiment:  positive
Materiality: 0.75
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Construction Partners completes Lone Star Paving acquisition for $967M; pro forma revenue $2.34B
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- Total consideration $967M: $654M cash + 3M shares ($236M) + working capital payable $76.7M.
- Acquisition funded via $850M Term Loan B; pro forma long-term debt rises to $1.13B.
- Preliminary goodwill $395.5M; identifiable intangibles $84.4M including customer relationships and trade name.
- Pro forma FY2024 revenue $2.34B, net income $84.8M; EPS $1.54 basic, $1.53 diluted.
- Lone Star FY2024 historical revenue $521M, net income $92.7M; acquired Nov 1, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1718227/000119312525008462/0001193125-25-008462-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1718227/000119312525008462/d790445d8ka.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-008462

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