Construction Partners Acquires Asphalt Express to Boost Oklahoma and Texas Supply Chains

Key Facts

1Construction Partners announced the acquisition of Asphalt Express Enterprises, a liquid asphalt supply and hauling business.

In a move reflecting strategic vertical integration within the infrastructure sector, Construction Partners (ROAD) has announced the completion of its acquisition of Asphalt Express Enterprises. The acquired business specializes in the supply and hauling of liquid asphalt and is headquartered in Ardmore, Oklahoma. According to reports, this acquisition aims to bolster the company's raw material sourcing and logistics capabilities to support roadway operations across Oklahoma and North Texas markets.

The transaction includes the acquisition by CPI's Oklahoma platform, Overland Corporation, of a rail-served industrial site in Ardmore along with a fleet of trucks and trailers. The company expects the Ardmore site to serve as a future liquid asphalt terminal to support its expanding operations in the Sunbelt region. This expansion comes amid mixed signals in global construction data, as market data from August 26, 2026, showed Australian construction work done falling by 2.1% in the recent quarter.

Regarding market performance, updated price levels for ROAD were unavailable at the close of August 31, 2026, though the company's trajectory remains focused on Southern US growth. Investors are monitoring key US economic indicators that impact the construction sector, including New Home Sales which fell by 10.5% in the latest report on August 25, 2026, highlighting the importance of cost efficiencies through vertical integration.