Agreement signedPublished 21 Oct 2024

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

Construction Partners to buy Lone Star Paving business

Buy side: Construction Partners, Inc.
Buy sideConstruction Partners, Inc.
Target: Asphalt Inc., LLC d/b/a Lone Star Paving
TargetAsphalt Inc., LLC d/b/a Lone Star Paving
Source · 21 Oct 2024Source-verified
Buy side: Construction Partners, Inc.
Buy sideConstruction Partners, Inc.
Target: Asphalt Inc., LLC d/b/a Lone Star Paving
TargetAsphalt Inc., LLC d/b/a Lone Star Paving
01 / BuyerConstruction Partners, Inc.
02 / TargetAsphalt Inc., LLC d/b/a Lone Star Paving
Source-verified
01

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.

02

The source

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01
Source · Original source

Construction Partners to buy Lone Star Paving business

This document is the source for the companies, stage, figure and people on this page.

Source-verified
03

Timeline

Every date the source states, in order. Anything marked ahead is a target the source gives, not something that has happened.

  1. Published by the source

    The source this page is built from.

    Source-verified

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