Welcome to our dedicated page for Constr Partners news (Ticker: ROAD), a resource for investors and traders seeking the latest updates and insights on Constr Partners stock.
Construction Partners, Inc. reports news on its vertically integrated civil infrastructure business, which constructs, repairs and maintains roadways and other surface infrastructure in Sunbelt markets. The company operates through local platforms in Alabama, Florida, Georgia, North Carolina, Oklahoma, South Carolina, Tennessee and Texas, supported by hot-mix asphalt plants, aggregate facilities and liquid asphalt terminals.
Recurring updates include quarterly and annual results, backlog, fiscal outlook, investor conference participation and acquisitions that expand paving, asphalt and sitework capacity in regional markets. Company announcements also describe public-sector work for local and state roads, interstate highways, airport runways and bridges, as well as private paving and sitework for commercial, industrial and residential developments.
Suncrete, Inc. will pursue a New York Stock Exchange listing via a proposed business combination with Haymaker Acquisition Corp. 4 (NYSE: HYAC) expected to close in Q1 2026. The combined company is projected to have a pro forma enterprise value of ~$972.6 million and will receive $82.5 million of committed common stock PIPE proceeds to fund acquisitions. Suncrete operates ready-mix concrete plants and tech-enabled mixer trucks principally in Oklahoma and Arkansas with planned Sunbelt expansion. The transaction has been approved by both boards and remains subject to shareholder approvals and customary closing conditions.
Construction Partners (NASDAQ: ROAD) completed an acquisition announced Oct. 6, 2025 that adds eight hot-mix asphalt plants plus related crews and equipment operating in the Houston, Texas metro area. The assets were acquired from affiliates of Vulcan Materials Company and will be integrated into Durwood Greene Construction Co., which Construction Partners acquired in August 2025.
The company says the transaction expands its Houston production capacity, broadens geographic reach in Texas, and brings experienced crews and equipment to Durwood Greene to support increased project execution and customer service in the high-growth Houston market.
Construction Partners (NASDAQ:ROAD), a Sunbelt-focused civil infrastructure company, announced it will host its 2025 Analyst Day on October 22, 2025 in Raleigh, North Carolina. The event will feature a hot-mix asphalt facility tour and presentations by CEO Fred J. Smith III and senior leadership.
The program includes a facility tour followed by presentations starting at 10:00 AM ET, covering strategic initiatives, growth priorities, and business outlook. The event will be accessible both in-person for analysts and institutional investors, and via webcast for other interested parties.
Construction Partners (NASDAQ: ROAD) reported strong fiscal Q3 2025 results, with revenue increasing 51% to $779.3 million compared to the same quarter last year. The company achieved a record Adjusted EBITDA margin of 16.9% and net income of $44.0 million ($0.79 per diluted share).
Despite weather-related challenges, CPI maintained its fiscal 2025 outlook, projecting revenue between $2.77-2.83 billion. The company reported a record project backlog of $2.94 billion, up from $1.86 billion year-over-year. Additionally, CPI announced the acquisition of Durwood Greene Construction Co., expanding its presence in the Houston metropolitan area.
Construction Partners (NASDAQ: ROAD) has acquired Durwood Greene Construction Co. and G&S Asphalt, Inc. (dba American Materials) in a strategic expansion move in Texas. The acquisition includes three hot-mix asphalt plants and a rail-serviced aggregates terminal in the Houston metro area.
The acquired company, a third-generation family business with nearly 200 employees, will continue operations under the leadership of Brad, Jonathan, and Daniel Greene. This acquisition follows Construction Partners' previous purchase of Lone Star Paving and strengthens their presence in three of Texas's four largest metro areas.
The deal enables vertical integration opportunities, including access to liquid asphalt cement from Lone Star Paving's Channelview terminal.
Construction Partners (NASDAQ: ROAD), a Sunbelt-focused civil infrastructure company specializing in roadway construction and maintenance, has scheduled its fiscal 2025 third quarter earnings release for August 7, 2025, before market opening.
The company will host a conference call to discuss the results at 10:00 a.m. Eastern Time on the same day. Investors can access the call via phone by dialing (412) 902-0003 or through a webcast on the company's Investor Relations website. A replay will be available until August 14, 2025.
Construction Partners (NASDAQ: ROAD) has been awarded the 46th Annual Silver Telly Award in the General-Recruitment category for its "Follow the Rock" video production. The video, featuring CPI's Alabama platform company Wiregrass Construction Company, provides an in-depth look at road construction and asphalt production processes. The production serves dual purposes: educating viewers about construction operations and attracting new talent by showcasing career opportunities within the company.
Construction Partners Inc. (NASDAQ: ROAD) has acquired PRI of East Tennessee, Inc. and Pavement Restorations, Inc. (collectively "PRI"), expanding its infrastructure operations across Tennessee. The acquisition includes a hot-mix asphalt plant in Knoxville and specialized pavement preservation services, adding nearly 300 employees to CPI's workforce.
The combined PRI organization will be led by Jon Hargett as President and Greg Ailshie as Senior Vice President. CPI will transition management of its existing Tennessee operations, including three hot-mix asphalt plants in the Nashville metro area, to PRI. The strategic move positions CPI to capitalize on Tennessee's strong economic growth, favorable demographics, and robust transportation funding program.
Construction Partners Inc (NASDAQ: ROAD), a vertically integrated civil infrastructure company focused on roadway construction and maintenance across the Sunbelt region, has scheduled its fiscal 2025 second quarter earnings release for May 9, 2025, before market opening.
The company will host a conference call at 10:00 a.m. Eastern Time (9:00 a.m. Central Time) on the same day. Investors can access the call via phone by dialing (412) 902-0003 or through a webcast on the company's Investor Relations website. A replay will be available until May 16, 2025.