M&A
confidence medium
sentiment positive
materiality 0.65
Construction Partners acquires John G. Walton Construction, expands into Mobile, AL
Construction Partners, Inc.
- Acquired John G. Walton Construction Company, headquartered in Mobile, Alabama.
- Adds a hot-mix asphalt plant, crews, and equipment serving greater Mobile and SW Alabama.
- Plant site is accessible by water and rail; CEO calls it an exceptional strategic location.
- Company now has plants in the four largest markets in Alabama and seeks further investments.