Announced
Completed
Financials
Tags
Domestic
Friendly
sitework contractor
Completed
United States
Acquisition
asphalt
Private
grading services
Majority
Building Materials: Other
Single Bidder
Synopsis
Construction Partners, a vertically integrated civil infrastructure company, completed the acquisition of asphalt, grading and sitework operational assets of GAC Contractors, a construction company. Financial terms were not disclosed. "Today's 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. Smith, Construction Partners President and CEO.
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