Construction Partners, Inc. Completes Florida Acquisition
PR Newswire•19/10/2026•16:15 ET
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Key Highlights
- ➤CPI acquired Florida site developer S.E. Cline Construction, Inc.
- ➤Acquired operations include approximately 60 employees and a permitted asphalt plant site.
- ➤Transaction expands CWR’s presence along Florida’s growing Interstate 95 corridor.
- ➤Cline’s utility capabilities complement CWR’s existing asphalt paving operations.
- ➤Bunnell plant offers future vertical integration and organic growth opportunity.
Expert Statements
Fred J. (Jule) Smith, III, President and Chief Executive Officer of Construction Partners, Inc.
“We are pleased to welcome Scott Sowers and the Cline Construction team to the CPI family of companies.”
Fred J. (Jule) Smith, III, President and Chief Executive Officer of Construction Partners, Inc.
“This transaction builds upon our acquisition of P&S Paving, Inc. in Daytona Beach last year and further strengthens CWR's presence along Florida's Interstate 95 corridor, a rapidly growing portion of the state.”
Fred J. (Jule) Smith, III, President and Chief Executive Officer of Construction Partners, Inc.
“Cline Construction's site development and underground utility construction capabilities strongly complement CWR's existing asphalt paving and construction operations in the greater Daytona Beach market, enhancing our ability to serve public and private infrastructure customers throughout the region.”
Fred J. (Jule) Smith, III, President and Chief Executive Officer of Construction Partners, Inc.
“In addition, the rail-served, permitted asphalt plant site in Bunnell provides an attractive opportunity for future vertical integration and organic growth as we continue to expand our operations along Florida's east coast.”
Construction Partners, Inc. Completes Florida Acquisition PR Newswire
Transaction Expands Company's Operations Along Florida's Growing Interstate 95 Corridor
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