ROAD Stock Gains on Overland Acquisition, Expanding Into Eighth State

Construction Partners, Inc. (ROAD) , or CPI, has acquired Overland Corporation (“Overland”), an asphalt manufacturing and paving company, based in Ardmore, OK. Overland provides paving services for public, commercial and residential projects. The transaction adds eight hot-mix asphalt plants to CPI's operations, expanding its capabilities in the region.Shares of ROAD gained 4.3% during Friday’s trading session and 1.9% in the after-hours.ROAD Supports Leverage Reduction Strategy With AcquisitionThe transact ...