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Announced

Construction Partners to acquire Lone Star Paving for $654m.

Synopsis

Construction Partners, a construction company in Dothan, Alabama, agreed to acquire Lone Star Paving, a pavement company providing paving solutions at a fair price in Texas, for $654m. "We look forward to joining the CPI team and expanding the Texas platform. CPI and Lone Star share a strong cultural alignment, and we are eager for the growth opportunities available to both companies," Jack Wheeler, Lone Star Founder and CEO.

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