M&A
confidence high
sentiment positive
materiality 0.60
Construction Partners acquires Asphalt Express, adds liquid asphalt supply and hauling in OK/TX
Construction Partners, Inc.
- Acquired Asphalt Express Enterprises, LLC, a liquid asphalt supply and hauling business in Ardmore, Oklahoma.
- Also acquired rail-served industrial site in Ardmore and fleet of trucks/trailers for liquid asphalt transport.
- Site to become future liquid asphalt terminal serving CPI's Oklahoma and northern Texas operations.
- No financial terms disclosed; deal announced August 31, 2026.
- CEO Fred J. Smith III says acquisition strengthens vertical integration and supports regional growth.