Construction Partners buys Oklahoma paving firm Ellsworth to chase data center work
What's the deal? Construction PartnersDealroom has a profile for this one. Try Dealroom →, Inc. (NASDAQ: ROAD) has acquired Ellsworth ConstructionDealroom has a profile for this one. Try Dealroom →, LLC, an asphalt manufacturing and construction business based in Tulsa, Oklahoma. Ellsworth provides paving, sitework, and utility services across the Tulsa and Oklahoma City metropolitan areas, including several data center projects. Terms were not disclosed.
What changes? Ellsworth will operate as a branded division of Overland CorporationDealroom has a profile for this one. Try Dealroom →, CPI's Oklahoma platform company. Nathan Ellsworth will continue to lead the business, keeping its customer relationships intact.
Why now? The deal gives CPI hot-mix asphalt plants in Broken Arrow and Greater Oklahoma City, plus crews serving what CEO Fred J. (Jule) Smith, III called "the two fastest-growing metropolitan areas in the state."
What's the endgame? CPI, a vertically integrated civil infrastructure company operating across eight Sunbelt states, wants to deepen its Oklahoma footprint. Smith noted Ellsworth "is a leader in the growing data center construction market" in Tulsa and Oklahoma City, work that complements Overland's data center portfolio in north Texas.
The signal: The acquisition ties a traditional roadbuilder to the data center boom, where developers need heavy sitework and paving. For CPI, whose business is mostly publicly funded roads, private data center demand offers a growth lane beyond highways and bridges.
Read more: PR Newswire
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