Announced

Completed

Cardinal completed the acquisition of A.L. Grading Contractors for $245.5m.

Synopsis

Cardinal, a civil contracting company, completed the acquisition of A.L. Grading Contractors, a civil construction company, for $245.5m. "We are thrilled to welcome the ALGC team into the Cardinal family as we complete this strategic acquisition. Their exceptional culture and leadership align seamlessly with our values, positioning us for enhanced collaboration and innovation in site development. We look forward to executing our growth strategy through vertical integration and expanding our self-performed service offerings to the Georgia market, exemplifying our commitment to robust expansion and solidifying our position as the Southeast's premier site development platform," Jeremy Spivey, Cardinal Infrastructure Group CEO.

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MergerLinks - Cardinal completed the acquisition of A.L. Grading Contractors for $245.5m.