Add-on Acquisition • Construction

Granite Construction Acquires Cinderlite Trucking

On October 6, 2025, Granite Construction acquired construction company Cinderlite Trucking

Acquisition Context
  • This is Granite Construction’s 9th transaction in the Construction sector.
  • This is Granite Construction’s 9th transaction in the United States.
  • This is Granite Construction’s 1st transaction in Nevada.

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M&A Deal Summary

Date October 6, 2025
Target Cinderlite Trucking
Sector Construction
Buyer(s) Granite Construction
Deal Type Add-on Acquisition

Target Company

Cinderlite Trucking

Carson, Nevada, United States
Cinderlite Trucking is a construction materials, landscape supply, and transportation company that operates multiple aggregate pits, a recycling yard, and a fleet of trucks serving residential, commercial, and industrial projects. Cinderlite Trucking was founded in 1986 and is based in Carson, Nevada.
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Buyer Overview 1

Buyer

Granite Construction

Watsonville, California, United States

Category Company
Founded 1922
Sector Construction
Employees2,300
Revenue 4.0B USD (2024)
DESCRIPTION
Entrance to Granite Construction's corporate headquarters in Watsonville, California.
Entrance to Granite Construction's corporate headquarters in Watsonville, California.

Granite Construction is a heavy civil contracting and construction materials production company. Granite Construction was founded in 1922 and is based in Watsonville, California.


Deal Context for Buyer #
Overall 10 of 10
Sector: Construction 9 of 9
Type: Add-on Acquisition 9 of 9
State: Nevada 1 of 1
Country: United States 9 of 9
Year: 2025 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2025-08-06 Warren Paving

Hattiesburg, Michigan, United States

Warren Paving is a provider of asphalt production, aggregate mining, and marine transportation services. Warren Paving was founded in 1952 and is based in Hattiesburg, Michigan.

Buy -