Construction Partners (ROAD) Strengthens Road Construction and Maintenance Prospects with Four Star Paving

Construction Partners, Inc. (NASDAQ:ROAD) is one of the stocks positioned for breakout growth. On April 1, Construction Partners, Inc. (NASDAQ:ROAD) completed the acquisition of Four Star Paving. With the acquisition, the company gains access to a premier commercial paving contractor, expected to strengthen its prospects in road construction and maintenance.

Construction Partners Inc. (ROAD) Strengthens Road Construction and Maintenance Prospects with Four Star Paving

Four Stars has carved a niche in asphalt paving and related construction services in Middle Tennessee, serving municipal, industrial, and commercial customers. The acquisitions should strengthen Construction Partners’ vertical integration of services, enhance capabilities, and scale. In addition, the company will be better equipped to participate in resulting construction projects and opportunities.

Construction Partners has been on an acquisition spree as it continues to expand its growth potential and presence in high-growth markets. In the first quarter, it completed two key acquisitions in Houston and Daytona Beach, Florida. It has also expanded in Houston with the acquisition of GMJ Paving, strengthening its presence in public infrastructure projects.

Construction Partners Inc. (NASDAQ:ROAD) is a vertically integrated, asphalt-centered infrastructure company that constructs and maintains transportation networks across the Sunbelt. It builds roads, highways, bridges, and airport runways for public and private clients, while operating its own asphalt plants, aggregate facilities, and liquid asphalt terminals.

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