Construction Partners acquires PRI in Tennessee, adds HMA plant and pavement preservation business

Construction Partners, Inc.

Acquired PRI of East Tennessee and Pavement Restorations, Inc. (PRI), a Knoxville-based asphalt and pavement preservation business.
Adds hot-mix asphalt plant in Knoxville and specialized pavement preservation crews; nearly 300 employees join CPI.
Jon Hargett named President of combined Tennessee operations; Greg Ailshie as Senior Vice President.
CPI now operates from Knoxville east to Memphis metro area west; pre-existing Nashville operations transition to PRI.
Financial terms of the acquisition were not disclosed.

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