Construction Partners, Inc. acquires Robinson Paving Company to expand into Columbus Metro Area
Aug 01, 2024•about 1 year ago
Acquiring Company
Construction Partners
Acquired Company
Robinson Paving Company
Description
Construction Partners, Inc., a civil infrastructure company, has completed the acquisition of Robinson Paving Company, headquartered in Columbus, Georgia. This strategic acquisition brings three hot-mix asphalt plants and related crews and equipment to expand the company's operations into the Columbus Metro Area, furthering its growth in the state of Georgia.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed