M&A Deal Summary

CPI Acquires Gelder & Associates

On December 4, 2020, CPI acquired construction company Gelder & Associates

Acquisition Highlights
  • This is CPI’s 2nd transaction in the Construction sector.
  • This is CPI’s 3rd transaction in the United States.
  • This is CPI’s 2nd transaction in North Carolina.

M&A Deal Summary
Date 2020-12-04
Target Gelder & Associates
Sector Construction
Buyer(s) CPI
Deal Type Add-on Acquisition

Target

Gelder & Associates

Raleigh, North Carolina, United States
Gelder & Associates, Inc. is an asphalt and paving contractor with a hot-mix asphalt plant located in Raleigh, North Carolina.

Search 198,123 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

CPI

Dothan, Alabama, United States
Category Company
Founded 1999
Sector Construction
Employees1,146
Revenue 1.6B USD (2023)
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 STATS #
Overall 3 of 15
Sector (Construction) 2 of 14
Type (Add-on Acquisition) 3 of 13
State (North Carolina) 2 of 8
Country (United States) 3 of 15
Year (2020) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-11-02 Rose Brothers Paving

Aulander, North Carolina, United States

Rose Brothers Paving Co., Inc. is a grading and asphalt surface treatment contractors. Rose Brothers Paving owns and operates six asphalt plant locations serving Eastern North Carolina and Southeastern Virginia. Rose Brothers Paving Co. was founded in 1961 and is based in Aulander, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-22 PLT Construction

Wilson, North Carolina, United States

PLT Construction is a full-service site development construction company with both commercial and heavy highway divisions. PLT Construction is based in Wilson, North Carolina.

Buy -
Mergr

Product

Company

Legal