Construction Partners acquires Overland Corporation, enters Oklahoma market with eight asphalt plants

Construction Partners, Inc.

Acquisition of Overland Corporation, an asphalt paving company headquartered in Ardmore, Oklahoma.
Adds eight hot-mix asphalt plants serving southern/western Oklahoma and northern Texas.
CEO Jule Smith notes the deal supports strategy to reduce leverage to ~2.5x in 4-6 quarters.
Overland founder Reggie Sullivan and president Darren Ratajski to lead local operations.
Transaction marks CPI's entry into its eighth Sunbelt state.

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