CONSTRUCTION

Construction Partners, Inc. Completes Acquisition in Florida

Construction Partners | March 22, 2022

Construction Partners
Construction Partners, Inc., a vertically integrated civil infrastructure company focused on the construction and maintenance of roadways in five southeastern states, announced the acquisition of GAC Contractors, Inc.'s asphalt, grading, and site work operational assets, including its Panama City, Florida, hot-mix asphalt plant.

"This transaction represents our third acquisition in the Florida panhandle in the past two years, reflecting our commitment to this dynamic and growing area of the Southeast. The addition of GAC's assets and crews meaningfully enhances our operational resources and capabilities in an existing growth market. At a time when attracting and retaining talent is paramount, we are pleased to welcome more than 200 former GAC employees to our team."

Fred J. (Jule) Smith, III, the Company's President, and Chief Executive Officer

Certain statements in this press release are "forward-looking statements" as defined in Section 27A of the Securities Act and 21E of the Exchange Act.

Spotlight

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Spotlight

Fire Engineering is a field which aims at preventing accidents due to fire in buildings and other structures. It can be classified as Fire Safety or Prevention Engineering or Fire Control. It is a very dangerous profession which requires a strong sense of commitment to public service.

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MATERIALS

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ENGINEERING TECH

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