Construction Partners buys Georgia's Piedmont Paving

Construction Partners, a Sunbelt civil infrastructure company, acquired Piedmont Paving, which provides site development and asphalt paving in the Atlanta metro area. The acquired operations include a hot-mix asphalt plant and more than 110 employees. They join CPI's Georgia platform company, The Scruggs Company. Terms were not disclosed.

Why it matters: The deal expands CPI's operations along the fast-growing I-85 corridor between Columbus and Atlanta.