Construction Partners, Inc. purchases GAC Contractors’ asphalt, grading and sitework assets

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Construction Partners, Inc. says it has acquired the asphalt, grading and sitework operational assets of GAC Contractors, Inc., including its hot-mix asphalt plant in Panama City.

“Today’s transaction represents our third acquisition in the Florida panhandle in the past two years, reflecting our commitment to this dynamic and growing area of the Southeast,” Fred J. (Jule) Smith, III, the company’s president and Chief Executive Officer, said in a March 18 statement.

“The addition of GAC’s assets and crews meaningfully enhances our operational resources and capabilities in an existing growth market. At a time when attracting and retaining talent is paramount, we are pleased to welcome more than 200 former GAC employees to our team.”

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