M&A
confidence high
sentiment positive
materiality 0.55
Construction Partners completes acquisition of Four Star Paving in Nashville area
Construction Partners, Inc.
- Acquired Four Star Paving, LLC, a commercial paving contractor in Nashville, TN metro area.
- Four Star will be integrated into CPI's Tennessee platform company, Pavement Restorations, Inc. (PRI).
- Founder Robert Loudermilk, Brock Lodge, Clint Hensley and team join CPI.
- Four Star has been a long-standing FOB asphalt customer of CPI's three Nashville-area plants.
- Transaction enhances CPI's vertical integration and capacity in rapidly growing middle Tennessee.