Construction Partners, INC 8-K filings

Construction Partners, Inc. has agreed to acquire Lone Star Paving for $654 million in cash and 3 million shares, while also reporting strong preliminary fiscal 2024 results and introducing an optimistic fiscal 2025 outlook.

Construction Partners, Inc. has acquired John G. Walton Construction Company, expanding its operations into Mobile, Alabama, and adding a strategic hot-mix asphalt plant.

Construction Partners, Inc. announced a 22.7% increase in revenue and a 42.4% increase in net income for the third quarter of fiscal year 2024, along with a raised full-year outlook.

Construction Partners, Inc. has acquired Robinson Paving Company, adding three hot-mix asphalt plants and expanding its operations in the Columbus, Georgia metro area.

Construction Partners, Inc. has acquired Hudson Paving, Inc., adding a hot-mix asphalt plant and related resources in the Sandhills region of North Carolina.

Construction Partners, Inc. has amended its credit agreement, increasing its revolving credit facility by $75 million and reallocating $125 million from the revolving facility to its term loan.

Construction Partners, Inc. announced a 14% increase in revenue and a 45% jump in adjusted EBITDA for the second quarter of fiscal year 2024, leading to an increased full-year outlook.

Construction Partners, Inc. has acquired Sunbelt Asphalt Surfaces, expanding its operations into the high-growth Interstate 85 corridor in North Georgia.

Construction Partners, Inc. has announced a new stock repurchase program, authorizing up to $40 million to buy back its Class A common stock.

Construction Partners, Inc. stockholders approved a new 2024 Restricted Stock Plan and an amendment to the 2018 Equity Incentive Plan, increasing the share reserve by 1,000,000 shares.

Construction Partners, Inc. announced a robust start to fiscal year 2024, with a 16% increase in revenue and a record backlog of $1.62 billion for the first quarter ended December 31, 2023.