Add-on Acquisition • Building Materials

CPI Acquires American Materials

On August 4, 2025, CPI acquired building materials company American Materials

Acquisition Context
  • This is CPI’s 1st transaction in the Building Materials sector.
  • This is CPI’s 21st transaction in the United States.
  • This is CPI’s 3rd transaction in Texas.

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M&A Deal Summary

Date August 4, 2025
Target American Materials
Sector Building Materials
Buyer(s) CPI
Deal Type Add-on Acquisition

Target Company

American Materials

Stafford, Texas, United States
American Materials is an asphalt manufacturing and construction business. American Materials is based in Stafford, Texas.
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Buyer Overview 1

Buyer

CPI

Dothan, Alabama, United States

Category Company
Founded 1999
Sector Construction
Employees1,325
Revenue 1.8B USD (2024)
DESCRIPTION

CPI is a vertically integrated civil infrastructure company operating across five southeastern states, with 35 hot-mix asphalt plants, nine aggregate facilities, and one liquid asphalt terminal. CPI was founded in 1999 and is based in Dothan, Alabama.


Deal Context for Buyer #
Overall 21 of 23
Sector: Building Materials 1 of 2
Type: Add-on Acquisition 19 of 20
State: Texas 3 of 4
Country: United States 21 of 23
Year: 2025 5 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-08-04 Durwood Greene Construction

Stafford, Texas, United States

Durwood Greene Construction offers highway and street construction. Durwood Greene Construction was founded in 1968 and is based in Stafford, Texas

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-10-06 Vulcan Materials Hot-mix asphalt plants

Houston, Texas, United States

Vulcan Materials' Hot-mix asphalt plants consist of eight hot-mix asphalt plants and related crews and equipment operating throughout the Houston Vulcan Materials' Hot-mix asphalt plants are based in Houston, Texas.

Buy -