Construction Partners, Inc. (NASDAQ: ROAD) announced the completion of its acquisition of Four Star Paving, LLC on April 1 2026. Four Star, a commercial paving contractor with more than 20 years of experience in the Nashville, Tennessee metro area, will be integrated into Construction Partners’ Pavement Restorations, Inc. platform, adding a skilled workforce and a robust project pipeline to the company’s existing operations.
The acquisition is part of Construction Partners’ strategy to deepen its vertical integration and expand capacity in high‑growth Sunbelt markets. By bringing Four Star’s asphalt‑paving expertise in‑house, the company will control a key segment of its supply chain that previously supplied asphalt to its Nashville plants. The move also preserves local brand equity, allowing the company to maintain the Four Star name while benefiting from the scale and resources of the larger organization.
Construction Partners’ Q1 2026 results provide context for the deal. Revenue rose 44.1% year‑over‑year to $809.5 million, and adjusted EBITDA increased 63.1% to $112.2 million, reaching a record margin of 13.9%. The company’s backlog hit $3.09 billion at December 31 2025, underscoring the demand that supports the acquisition. Management highlighted that the addition of Four Star’s workforce and pipeline will help sustain this growth trajectory in the Nashville region.
President and CEO Fred J. (Jule) Smith said, “We are pleased to announce the addition of Four Star to our Tennessee platform company, Pavement Restorations, Inc. This transaction strengthens our vertical integration of services and enhances our capabilities and scale across the region.” He added that Four Star’s long‑standing relationship as a FOB asphalt customer of the company’s Nashville plants will accelerate construction capacity to support continued growth in middle Tennessee.
The acquisition positions Construction Partners to capture additional revenue from municipal, industrial, and commercial projects in Nashville, a city experiencing rapid population and economic expansion. By integrating a proven local operator, the company strengthens its competitive advantage in a key Sunbelt market while maintaining the operational flexibility that has driven its recent record financial performance.
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