Construction Partners acquires S.E. Cline Construction
The acquired Florida operations include approximately 60 employees and a rail-served, permitted hot-mix asphalt plant site in Bunnell.
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Form Type
8-K
Rhea-AI Filing Summary
Construction Partners, Inc. (ROAD) completed its acquisition of S.E. Cline Construction, a Palm Coast, Florida-based commercial site development and underground utility construction company serving public and private projects in northeast and central Florida. Cline’s acquired operations, including approximately 60 employees and a rail-served, permitted hot-mix asphalt plant site in Bunnell, Florida, will become part of Construction Partners’ Florida platform company, C.W. Roberts Contracting, Incorporated.
The company said the transaction builds on its acquisition of P&S Paving in Daytona Beach last year and extends its presence along Florida’s Interstate 95 corridor. Cline’s services add site development and underground utility construction to C.W. Roberts Contracting’s existing asphalt paving and construction operations in the greater Daytona Beach market.
8-K Event Classification
2 items: 7.01, 9.01
2 items
Item 7.01
Regulation FD Disclosure
Disclosure
Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Key Figures
Employees included in acquired operations: approximately 60 employees
1 metrics
Employees included in acquired operations
approximately 60 employees
Cline Construction acquired operations
Key Terms
vertically integrated, underground utility construction, hot-mix asphalt plant
3 terms
vertically integrated technical
"a vertically integrated civil infrastructure company"
Vertically integrated describes a company that owns and controls multiple steps in making and selling its products or services — for example sourcing raw materials, manufacturing, and distribution. Like a bakery that grows its own wheat, mills the flour, bakes the bread and runs the shops, this setup can lower costs, improve quality and speed to market and protect profit margins, but it also requires more capital and can reduce flexibility.
underground utility construction technical
"commercial site development and underground utility construction"
hot-mix asphalt plant technical
"a rail-served, permitted hot-mix asphalt plant site"
A hot-mix asphalt plant is a facility that heats and blends crude oil–based binder with sand and gravel to produce the hot pavement material used for roads, parking lots and repairs. Think of it as a bakery that mixes raw ingredients into a finished product for construction; for investors, the plant’s output, operating costs (especially energy and oil), permitting and location influence revenue, project timelines and exposure to infrastructure cycles and environmental rules.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Cline Construction do for ROAD?
Cline Construction provides commercial site development and underground utility construction for public and private projects in northeast and central Florida.
What assets and employees are included in ROAD’s Cline acquisition?
The acquired operations include approximately 60 employees and a rail-served, permitted hot-mix asphalt plant site in Bunnell, Florida. The operations will become part of C.W. Roberts Contracting, Incorporated, Construction Partners’ Florida platform company.
AI-generated analysis. How Rhea-AI works. Not financial advice.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): October 19, 2026
(Exact name of registrant as specified in its charter)
| (State or other jurisdiction of incorporation) | (Commission File Number) | (I.R.S. Employer Identification Number) | ||||||||||||
290 Healthwest Drive, Suite 2 Dothan, Alabama 36303 (Address of principal executive offices) (ZIP Code) | ||||||||||||||
(334) 673-9763 (Registrant’s telephone number, including area code) | ||||||||||||||
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |||||
| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |||||
| Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |||||
| Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) | |||||
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading symbol(s) | Name of each exchange on which registered | ||||||||||||
| Nasdaq Texas, LLC | ||||||||||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 7.01. Regulation FD Disclosure.
On October 19, 2026, Construction Partners, Inc. issued a press release announcing its completion of an acquisition transaction. A copy of the press release is furnished as Exhibit 99.1 hereto, and the information contained in Exhibit 99.1 is incorporated herein by reference. The information furnished pursuant to this Item 7.01, including Exhibit 99.1, shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and will not be incorporated by reference into any registration statement filed under the Securities Act of 1933, as amended, unless specifically identified therein as being incorporated therein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description | |||||||||||||
| 99.1** | Press release dated October 19, 2026 | |||||||||||||
| 104* | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |||||||||||||
* Filed herewith.
** Furnished herewith.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| CONSTRUCTION PARTNERS, INC. | ||||||||
| Date: October 19, 2026 | By: | /s/ Gregory A. Hoffman | ||||||
| Gregory A. Hoffman | ||||||||
| Senior Vice President and Chief Financial Officer | ||||||||
Exhibit 99.1
 | NEWS RELEASE | |||||||
Construction Partners, Inc. Completes Florida Acquisition
Transaction Expands Company’s Operations Along Florida’s Growing Interstate 95 Corridor
DOTHAN, AL, October 5, 2026 – Construction Partners, Inc. (NASDAQ: ROAD) (“CPI” or the “Company”), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways in local markets across the Sunbelt, today announced that it has acquired S.E. Cline Construction, Inc. (“Cline Construction”), a commercial site development and underground utility construction company headquartered in Palm Coast, Florida. Cline Construction provides site development and underground utility construction services for a variety of public and private projects throughout northeast and central Florida. The acquired operations, including approximately 60 employees and a rail-served, permitted hot-mix asphalt plant site in nearby Bunnell, Florida, will become part of CPI’s Florida platform company, C.W. Roberts Contracting, Incorporated (“CWR”).
Fred J. (Jule) Smith, III, the Company’s President and Chief Executive Officer, said, “We are pleased to welcome Scott Sowers and the Cline Construction team to the CPI family of companies. This transaction builds upon our acquisition of P&S Paving, Inc. in Daytona Beach last year and further strengthens CWR’s presence along Florida’s Interstate 95 corridor, a rapidly growing portion of the state. Cline Construction’s site development and underground utility construction capabilities strongly complement CWR’s existing asphalt paving and construction operations in the greater Daytona Beach market, enhancing our ability to serve public and private infrastructure customers throughout the region. In addition, the rail-served, permitted asphalt plant site in Bunnell provides an attractive opportunity for future vertical integration and organic growth as we continue to expand our operations along Florida’s east coast.”
About Construction Partners, Inc.
Construction Partners, Inc. is a vertically integrated civil infrastructure company operating in local markets throughout the Sunbelt in Alabama, Florida, Georgia, North Carolina, Oklahoma, South Carolina, Tennessee and Texas. Supported by its hot-mix asphalt plants, aggregate facilities and liquid asphalt terminals, CPI focuses on the construction, repair and maintenance of surface infrastructure. Publicly funded projects make up the majority of its business and include local and state roadways, interstate highways, airport runways and bridges. The company also performs private sector projects that include paving and sitework for office and industrial parks, shopping centers, local businesses and residential developments. To learn more, visit www.constructionpartners.net.
Cautionary Note Regarding Forward-Looking Statements
Certain statements contained herein that are not statements of historical or current fact constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and 21E of the Securities Exchange Act of 1934. These statements may be identified by the use of words such as “seek,” “continue,” “estimate,” “predict,” “potential,” “targeting,” “could,” “might,” “may,” “will,” “expect,” “should,” “anticipate,” “intend,” “project,” “outlook,” “believe,” “plan” and similar expressions or their negative. The forward-looking statements contained in this press release include, without limitation, statements relating to the benefits of a business acquisition and the expected results of the acquired business. These and other forward-looking statements are based on management’s current views and assumptions and involve risks and uncertainties that could significantly affect expected results. Important factors that could cause actual results to differ materially from those expressed in the forward-looking statements are set forth in the Company’s most recent Annual Report on Form 10-K, its subsequent Quarterly Reports on Form 10-Q, its Current Reports on Form 8-K and other reports the Company files with the SEC. Forward-looking statements speak only as of the date they are made. The Company assumes no obligation to update forward-looking statements to reflect actual results, subsequent events, or circumstances or other changes affecting such statements except to the extent required by applicable law.
Contact:
Rick Black
Investor Relations
ROAD@DennardLascar.com
(713) 529-6600