Construction Partners, Inc. /
Asphalt Inc., LLC d/b/a Lone Star Paving
Construction Partners to buy Lone Star Paving business




What happened
Construction Partners, Inc. agreed to acquire Asphalt Inc., LLC d/b/a Lone Star Paving, a vertically integrated asphalt manufacturing and paving company operating in central Texas.
The consideration includes $654.2 million in cash, subject to customary purchase price adjustments, and 3.0 million shares of Construction Partners’ Class A common stock.
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Construction Partners to buy Lone Star Paving business
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