Construction Partners, Inc. Acquires Asphalt and Construction Assets of J.H. Strain & Sons
Construction Partners, Inc. (CPI) has completed the acquisition of asphalt manufacturing and construction assets from J.H. Strain & Sons, Inc., a long-standing family-owned road construction company based in Tye, Texas. The transaction includes two hot-mix asphalt plants, paving crews, equipment, and over 125 employees. The acquired operations will be integrated into CPI's existing Texas platform company, Lone Star Paving, strengthening the company's presence in the Sunbelt region. Legal counsel for J.H. Strain & Sons was provided by Elder Bray & Bankler PC, which managed deal structuring and negotiations.
Topics: Asphalt Manufacturing Construction Infrastructure M&A