#United States #Daytona Beach #Construction Partners #Florida Expansion #PS Paving

Construction Partners, Inc. Expands Operations in Florida

On October 20, 2025, Construction Partners, Inc. (NASDAQ: ROAD), often referred to as CPI, announced a significant expansion of its business footprint through the acquisition of PS Paving, Inc., a company based in Daytona Beach, Florida. This strategic move allows CPI to enhance its operational capabilities in the civil infrastructure market across Florida’s east coast, including the high-growth areas along the Interstate 95 corridor.

The Acquisition Details

The acquisition includes PS Paving's two hot-mix asphalt plants and a skilled workforce, providing CPI with immediate access to essential paving, sitework, and utility services in central and northeast Florida. This addition will not only expand CPI’s capabilities but also significantly bolster their market presence in one of the fastest-growing regions in the state.

Fred J. (Jule) Smith, III, the President and CEO of CPI, expressed enthusiasm about the acquisition, stating, "This transaction expands our footprint into several markets and enhances our ability to deliver asphalt and infrastructure services throughout the east coast of Florida, a rapidly growing portion of the state." He highlighted the strategic importance of the Interstate 95 corridor, which features robust public and private infrastructure demands, creating numerous opportunities for growth and development.

Significance of the Deal

By integrating PS Paving, CPI is poised to utilize the newly acquired infrastructure to better serve its clients, capitalize on regional growth trends, and strengthen its operational framework in a market that has shown consistent demand for infrastructure improvements. Smith acknowledged Tim Phillips, the former owner of PS, for fostering a strong company culture that emphasizes quality and devotion, a legacy that CPI intends to maintain.

CPI has identified several advantages that this acquisition brings, stating that the integration of PS's operational team, under the leadership of Curtis Long, will be beneficial. Long and his team possess deep insights into the local market dynamics and customer relationships that are invaluable for a smooth integration process.

About Construction Partners, Inc.

Construction Partners, Inc. operates as a vertically integrated civil infrastructure company primarily in local markets across the Sunbelt region, which encompasses states such as Alabama, Florida, Georgia, North Carolina, Oklahoma, South Carolina, Tennessee, and Texas. The company focuses on the construction, repair, and maintenance of critical surface infrastructures, primarily through projects funded by public entities, including roadways, airports, and bridges. Their services also extend to private sector projects, which involve sitework and paving for various commercial developments.

With the addition of PS Paving, CPI is well-equipped to meet the rising demand for infrastructure services in Florida, ensuring significant contributions to both public safety and community development.

For more details about the company's efforts and operational scope, visit Construction Partners, Inc..

Looking Ahead

CPI's expansion into Florida's market underscores its commitment to growth and excellence in civil infrastructure. As construction and infrastructural needs continue to evolve, CPI remains dedicated to upholding its reputation while fostering community relationships and providing quality service across its operating regions. The company's strategic acquisitions and local integrations signal a robust future for both CPI and the communities it serves.