Construction Partners, Inc. Completes Oklahoma Acquisition

Construction Partners, Inc. (NASDAQ: ROAD ) ("CPI" or the "Company"), a vertically integrated civil infrastructure company specializing in the construction and maintenance of roadways in local markets across the Sunbelt, today announced that it has acquired Ellsworth Construction, LLC ("Ellsworth"), an asphalt manufacturing and construction business headquartered in Tulsa, Oklahoma. From its hot-mix asphalt plant in Broken Arrow and its permitted asphalt plant site in Greater Oklahoma City, Ellsworth provides paving, sitework and utility services for public and private infrastructure projects throughout the Tulsa and Oklahoma City metropolitan areas, including multiple significant data center projects. The acquired operations will continue to operate as a branded division of CPI's Oklahoma platform company, Overland Corporation. Fred J. (Jule) Smith, III, the Company's President and Chief Executive Officer, said, "We are pleased to welcome the entire Ellsworth team to the CPI family of companies. This transaction expands our presence in Oklahoma by providing us with experienced crews and strategically located facilities from which to serve the Tulsa and Oklahoma City markets, the two fastest-growing metropolitan areas in the state. We are especially pleased that Nathan Ellsworth will continue to lead the business in these markets going forward. His deep knowledge of these markets, longstanding customer relationships and reputation for operational excellence will be invaluable as we continue to build upon Overland's success in Oklahoma. In addition to Ellsworth's strong public and private construction business, the company is a leader in the growing data center construction market in Tulsa and Oklahoma City, complementing Overland's robust existing data center project portfolio in north Texas. From our earliest discussions, we recognized a shared c...