Construction Partners Expands Nashville Footprint With Four Star Acquisition

The latest update is out from Construction Partners ( (ROAD) ).

On April 1, 2026, Construction Partners, Inc. announced that it completed the acquisition of Four Star Paving, LLC, a long-established commercial paving contractor serving the Nashville, Tennessee metro area for more than two decades. Four Star, known for asphalt paving and related construction services for municipal, industrial and commercial customers across middle Tennessee, will be integrated into the company’s Tennessee platform, Pavement Restorations, Inc.

Management said the deal strengthens Construction Partners’ vertical integration in the region by bringing an important former FOB asphalt customer in-house and expanding its construction capacity around its three Nashville-area plants. By enhancing its scale and capabilities as the rapidly growing Nashville metro area generates additional infrastructure and development projects, the acquisition is expected to bolster the company’s competitive position and growth prospects in a key Sunbelt market.

The transaction also adds Four Star’s experienced workforce and leadership team to Construction Partners’ existing operations, which the company believes will support execution on a larger volume of work in middle Tennessee. For stakeholders, the move signals continued strategic expansion in high-growth markets and deeper penetration into a mix of public and private paving and infrastructure opportunities tied to Nashville’s ongoing economic and population growth.

The most recent analyst rating on (ROAD) stock is a Hold with a $113.00 price target. To see the full list of analyst forecasts on Construction Partners stock, see the ROAD Stock Forecast page.

Spark’s Take on ROAD Stock

According to Spark, TipRanks’ AI Analyst, ROAD is a Neutral.

The score is driven primarily by improving fundamentals and cash flow plus upbeat, raised FY2026 guidance supported by a large backlog. Offsetting these positives are weak technical momentum (below key moving averages with negative MACD) and a demanding valuation (high P/E with no dividend yield), with leverage variability remaining a key risk.

To see Spark’s full report on ROAD stock, click here.

More about Construction Partners

Construction Partners, Inc. is a vertically integrated civil infrastructure company operating across local markets in the Sunbelt, including Alabama, Florida, Georgia, North Carolina, Oklahoma, South Carolina, Tennessee and Texas. Supported by hot-mix asphalt plants, aggregate facilities and liquid asphalt terminals, it focuses on constructing, repairing and maintaining surface infrastructure for primarily publicly funded projects such as roads, highways, runways and bridges, while also handling private-sector paving and sitework for commercial and residential developments.

The company’s business model centers on leveraging its materials network and local-market presence to deliver roadbuilding and related infrastructure services efficiently across growing Sunbelt regions. Public contracts make up the bulk of its revenue base, providing steady demand, while private projects in office parks, industrial sites and retail and residential developments diversify its exposure and tie performance to regional construction cycles.

Average Trading Volume: 557,524

Technical Sentiment Signal: Buy

Current Market Cap: $6.28B

Find detailed analytics on ROAD stock on TipRanks’ Stock Analysis page.