M&A
confidence high
sentiment positive
materiality 0.60
Construction Partners acquires Hudson Paving, adds asphalt plant in North Carolina Sandhills
Construction Partners, Inc.
- Acquired Hudson Paving, Inc. (Rockingham, NC), a hot-mix asphalt plant operator serving Sandhills region.
- Bolt-on acquisition for CPI's North Carolina platform, Fred Smith Company.
- Expands service to rapidly growing Pinehurst and Southern Pines market area.
- No financial terms disclosed in press release.
- CPI welcomes new employees; CEO cites cultural fit.