Construction Partners (ROAD) acquires Oklahoma asphalt supplier
Rhea-AI Filing Summary
Construction Partners, Inc. (ROAD) announced the completion of an acquisition of Asphalt Express Enterprises, LLC, a liquid asphalt supply and hauling business based in Ardmore, Oklahoma, serving hot-mix asphalt producers across Oklahoma and northern Texas. The transaction was completed through CPI’s Oklahoma platform company, Overland Corporation.
Overland acquired Asphalt Express’s rail-served industrial site in Ardmore, where liquid asphalt is received and then transported to customers, along with a fleet of trucks and trailers used to haul liquid asphalt. CPI expects this site to become a future liquid asphalt terminal to support its Oklahoma and northern Texas operations. Management emphasized that the deal advances CPI’s strategy of strengthening vertical integration, improving access to a critical raw material, adding transportation capabilities, and supporting the growth of its asphalt operations in the region. The disclosure is furnished under Regulation FD and not deemed filed for liability purposes.
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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
Acquisition announcement date: August 31, 2026
Principal executive offices ZIP code: 36303
Investor relations phone number: (713) 529-6600
3 metrics
Acquisition announcement date
August 31, 2026
Date CPI announced completion of the Asphalt Express acquisition
Principal executive offices ZIP code
36303
ZIP code for CPI’s principal executive offices in Dothan, Alabama
Investor relations phone number
(713) 529-6600
Contact number for investor relations listed in the press release
Key Terms
vertically integrated, Regulation FD Disclosure, liquid asphalt terminal, forward-looking statements, +1 more
5 terms
vertically integrated financial
"a vertically integrated civil infrastructure company specializing in the construction"
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.
Regulation FD Disclosure regulatory
"Item 7.01. Regulation FD Disclosure. On August 31, 2026"
Regulation FD disclosure requires public companies to share important, market-moving information with everyone at the same time instead of tipping off analysts or large investors first. Think of it as making sure all players on a field hear the same announcement simultaneously; that fairness helps investors trust that stock prices reflect the same information and reduces the risk of sudden, unfair trading advantages or regulatory penalties for selective leaks.
liquid asphalt terminal technical
"location of a future liquid asphalt terminal to serve CPI’s Oklahoma"
A liquid asphalt terminal is a storage and distribution facility where heated asphalt binders are kept, blended, and loaded onto trucks or railcars for delivery to paving and roofing customers. Think of it as a gas station and mixing yard for road tar: it keeps the material at the right temperature, ensures product consistency, and routes supply to projects. For investors, terminals are critical infrastructure that generate steady fee or margin income, affect supply reliability, and expose owners to demand swings from construction activity and fuel or heating costs.
forward-looking statements regulatory
"constitute “forward-looking statements” within the meaning of Section 27A"
Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.
hot-mix asphalt technical
"serving hot-mix asphalt producers throughout Oklahoma and northern Texas"
Hot-mix asphalt is a road-building material made by heating and blending crushed rock with a liquid bitumen binder so it can be spread and compacted while warm, like pouring heated cake batter that sets as it cools. Investors care because its demand and price reflect construction activity, municipal road budgets and oil-linked input costs, so changes affect contractors, suppliers and infrastructure-related revenues and margins.
FAQ
What acquisition did Construction Partners, Inc. (ROAD) announce on August 31, 2026?
Construction Partners, Inc. announced it completed the acquisition of Asphalt Express Enterprises, LLC, a liquid asphalt supply and hauling business based in Ardmore, Oklahoma, serving hot-mix asphalt producers throughout Oklahoma and northern Texas.
What assets did ROAD acquire from Asphalt Express Enterprises, LLC?
Through its Overland Corporation platform, ROAD acquired Asphalt Express’s rail-served industrial site in Ardmore, where liquid asphalt is received for distribution, and a fleet of trucks and trailers used to transport liquid asphalt to customers.
How does the Asphalt Express acquisition support ROAD’s strategy?
The company stated the acquisition advances its strategy to strengthen vertical integration and invest in assets that support construction and asphalt production, improving liquid asphalt supply, transportation capabilities, and future terminal capacity for its Oklahoma and northern Texas operations.
What future plans does ROAD have for the Ardmore, Oklahoma site?
ROAD expects the Ardmore site to serve as the location of a future liquid asphalt terminal that will supply its operations in Oklahoma and northern Texas, enhancing access to liquid asphalt and providing more flexibility in sourcing and transportation.
Under which item of Form 8-K did ROAD furnish the Asphalt Express acquisition information?
The company furnished the acquisition-related press release under Item 7.01, Regulation FD Disclosure, and specified that the information, including Exhibit 99.1, is furnished and not deemed filed for purposes of Section 18 of the Exchange Act.
In which markets does Construction Partners, Inc. (ROAD) primarily operate?
Construction Partners, Inc. operates as a vertically integrated civil infrastructure company in Sunbelt markets including Alabama, Florida, Georgia, North Carolina, Oklahoma, South Carolina, Tennessee and Texas, focusing on construction, repair and maintenance of surface infrastructure.
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): August 31, 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 August 31, 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 August 31, 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: August 31, 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 Oklahoma Acquisition
Transaction Adds Liquid Asphalt Supply and Transportation Capabilities in Oklahoma and North Texas
DOTHAN, AL, August 31, 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 Asphalt Express Enterprises, LLC (“Asphalt Express”), a liquid asphalt supply and hauling business headquartered in Ardmore, Oklahoma, serving hot-mix asphalt producers throughout Oklahoma and northern Texas. In connection with the transaction, CPI’s Oklahoma platform company, Overland Corporation, acquired Asphalt Express’s rail-served industrial site in Ardmore, where the business currently receives liquid asphalt for further transportation to customers, as well as a fleet of trucks and trailers used to transport liquid asphalt. CPI expects the Ardmore site to serve as the location of a future liquid asphalt terminal to serve CPI’s Oklahoma and northern Texas operations.
Fred J. (Jule) Smith, III, the Company’s President and Chief Executive Officer, said, “We are pleased to welcome the Asphalt Express team to the CPI family of companies. This transaction represents another step in our strategy to strengthen our vertical integration and strategically invest in assets that support our construction and asphalt production operations. Asphalt Express’s liquid asphalt supply and transportation capabilities complement our existing operations in Oklahoma and Texas, while its centrally located, rail-served site in Ardmore provides an attractive location for a future liquid asphalt terminal serving both states. We believe that developing terminal capabilities at this site will enhance our access to this critical raw material, provide greater flexibility in sourcing and transportation, and support the continued growth of our asphalt operations in the region. In the meantime, Asphalt Express’s experienced team and fleet of trucks and trailers will provide valuable transportation capabilities as we integrate the business into our existing operations. We look forward to building upon Asphalt Express’s strong customer relationships and reputation for reliable service as part of our family of companies.”
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