Construction Partners Inc. (NASDAQ: ROAD) is a civil infrastructure company focused on the rapidly growing southeastern U.S. markets. Our strategy is to continue to grow the company both organically and through acquisitions of smaller paving contractors in this highly fragmented section of the construction industry.
We operate a vertically integrated organization, and since our founding in 2001 we have successfully acquired and integrated 16 companies, including five platform acquisitions and 11 bolt-on acquisitions. In addition, we have established seven “greenfield” sites where we have strategically purchased land in our primary markets and erected new hot mix asphalt plants.
In fiscal 2017 we generated revenue of $568 million, with industry-leading profit margins. We are one of the fastest-growing civil contractors in the industry today in an area of the country with strong economic and population growth trends.
Favorable industry tailwinds – including deteriorating U.S. transportation infrastructure and increased public and private spending – are creating strong opportunities for CPI’s continued growth.
ENR Article, August 28, 2018:
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