Construction Partners (NASDAQ: ROAD) expands with Four Star Paving Nashville acquisition
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
Construction Partners, Inc. has completed the acquisition of Four Star Paving, LLC, a commercial paving contractor operating across the Nashville, Tennessee metro area. Four Star, which has provided asphalt paving and related services for more than 20 years, serves municipal, industrial and commercial customers in middle Tennessee.
The acquired business is being added to Construction Partners’ Tennessee platform company, Pavement Restorations, Inc. Management states that the transaction strengthens vertical integration, expands capabilities and scale in the region, and converts a long-standing FOB asphalt customer of the company’s three Nashville-area plants into an in-house construction operation.
Positive
- None.
Negative
- None.
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, and exhibit attachments filed with this report.
Key Figures
Four Star operating history: More than 20 years
Service regions: Nashville metro area
2 metrics
Four Star operating history
More than 20 years
Duration providing asphalt paving services in middle Tennessee
Service regions
Nashville metro area
Primary operating area of Four Star Paving, LLC
Key Terms
vertically integrated, Regulation FD Disclosure, forward-looking statements, Emerging growth company
4 terms
vertically integrated financial
"a vertically integrated civil infrastructure company specializing in the construction and maintenance"
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 April 1, 2026, Construction Partners, Inc."
forward-looking statements regulatory
"constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933"
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.
Emerging growth company regulatory
"Emerging growth company"
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
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): April 1, 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 April 1, 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 April 1, 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: April 1, 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 Tennessee Acquisition
Transaction Enhances Nashville Area Operations
DOTHAN, AL, April 1, 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 Four Star Paving, LLC (“Four Star”), a premier commercial paving contractor operating throughout the Nashville, Tennessee metro area. For more than 20 years, Four Star has been recognized as a leading provider of asphalt paving and related construction services in middle Tennessee, serving a variety of municipal, industrial, and commercial customers.
Fred J. (Jule) Smith, III, the Company’s President and Chief Executive Officer, said, “We are pleased to announce the addition of Four Star to our Tennessee platform company, Pavement Restorations, Inc. (“PRI”). This transaction strengthens our vertical integration of services and enhances our capabilities and scale across the region. Four Star has been a long-standing FOB asphalt customer of our three Nashville-area plants. With the integration of Four Star’s talented workforce into PRI, we are enhancing our construction capacity to support continued growth in middle Tennessee. As the Nashville metro area continues to rapidly grow, we are now better positioned than ever to participate in the resulting construction projects and opportunities. We welcome Robert Loudermilk, Brock Lodge, Clint Hensley and the entire Four Star team to our family of companies and look forward to our shared future together.”
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 / Ken Dennard
Dennard Lascar Investor Relations
ROAD@DennardLascar.com
(713) 529-6600
FAQ
What acquisition did Construction Partners, Inc. (ROAD) announce in this 8-K?
Construction Partners, Inc. completed the acquisition of Four Star Paving, LLC, a premier commercial paving contractor in the Nashville, Tennessee metro area, expanding its asphalt paving and related construction services presence across middle Tennessee.
How does the Four Star Paving acquisition affect Construction Partners, Inc. (ROAD) operations?
The acquisition adds Four Star to Construction Partners’ Tennessee platform company, Pavement Restorations, Inc., which management says strengthens vertical integration, enhances regional capabilities and scale, and increases construction capacity to support continued growth in middle Tennessee.
What markets does Four Star Paving serve for Construction Partners, Inc. (ROAD)?
Four Star Paving operates throughout the Nashville, Tennessee metro area and has long provided asphalt paving and related construction services to municipal, industrial, and commercial customers across middle Tennessee, complementing Construction Partners’ existing Sunbelt-focused infrastructure operations.
How long has Four Star Paving operated before joining Construction Partners, Inc. (ROAD)?
Four Star Paving has operated for more than 20 years as a leading provider of asphalt paving and related construction services in middle Tennessee, giving Construction Partners an established local customer base and experienced workforce in the Nashville metro area.
How will Four Star Paving integrate into Construction Partners, Inc. (ROAD)?
Four Star Paving will be integrated into Pavement Restorations, Inc., Construction Partners’ Tennessee platform company. The company plans to fold Four Star’s workforce into PRI, aiming to enhance construction capacity and support future projects across the growing Nashville region.
What type of company is Construction Partners, Inc. (ROAD) according to this filing?
Construction Partners, Inc. is described as a vertically integrated civil infrastructure company operating across Sunbelt states, supported by hot-mix asphalt plants, aggregate facilities and liquid asphalt terminals, focusing on construction, repair and maintenance of public and private surface infrastructure projects.