M&A
confidence medium
sentiment positive
materiality 0.60
Construction Partners completes acquisition of GMJ Paving, adding Houston-area asphalt plant
Construction Partners, Inc.
- Acquired GMJ Paving Company, an asphalt paving contractor for public infrastructure projects in Houston metro.
- Includes a hot-mix asphalt plant in Baytown, CPI's 12th plant in Houston area, complementing existing terminal.
- Deal expands CPI's market share following prior 2025 acquisitions of Durwood Greene and Vulcan assets.
- CEO Jule Smith cited growth strategy and welcomed GMJ team; no financial terms disclosed.