M&A
confidence high
sentiment positive
materiality 0.50
Construction Partners acquires Roads, Inc. of NWF to expand Florida Panhandle operations
Construction Partners, Inc.
- Acquired Roads, Inc. of NWF, an asphalt manufacturing and construction business in Cantonment, Florida.
- Deal includes a hot-mix asphalt plant north of Pensacola, plus related crews and equipment.
- Acquired operations will become part of CPI's Florida platform company, C.W. Roberts Contracting (CWR).
- Adds more than 150 employees to CWR; CEO cites enhanced Panhandle service capability.