Construction Partners Completes Texas Acquisition with Three Asphalt Plants

Construction Partners, Inc. has completed the acquisition of Durwood Greene Construction Co. and G&S Asphalt, Inc. in Stafford, Texas. The acquisition adds three hot-mix asphalt plants in the Houston metro area, further expanding the company's operations in the Sunbelt region. The acquisition is led by an experienced management team and is expected to enhance the company's capabilities in the construction and maintenance of roadways in the region.

Construction Partners, Inc. (NASDAQ: ROAD) has completed the acquisition of Durwood Greene Construction Co. and G&S Asphalt, Inc. (dba American Materials) in Stafford, Texas. The acquisition adds three hot-mix asphalt plants in the Houston metro area, further expanding the company's operations in the Sunbelt region. The acquisition is led by an experienced management team and is expected to enhance the company's capabilities in the construction and maintenance of roadways in the region.

Durwood Greene Construction Co., a third-generation family business with nearly 200 employees, will continue operations under the leadership of Brad, Jonathan, and Daniel Greene. The acquisition follows Construction Partners' previous purchase of Lone Star Paving and strengthens their presence in three of Texas's four largest metro areas. The deal enables vertical integration opportunities, including access to liquid asphalt cement from Lone Star Paving's Channelview terminal.

This strategic move underscores Construction Partners' commitment to expanding its footprint in the Texas market. The company's acquisition of Durwood Greene and G&S Asphalt is part of a broader strategy to enhance its operational efficiency and service offerings in the construction and infrastructure sectors.

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