Cardinal Infrastructure Group closes acquisition of Allied Paving Contractors
CDNL•Cardinal Infrastructure Group completed its acquisition of Allied Paving Contractors, expanding its self-perform paving capabilities in the Atlanta market. Allied generated about $100 million in standalone revenue.
1. Acquisition completed
Cardinal Infrastructure Group completed its acquisition of Allied Paving Contractors, expanding self-perform paving capabilities in the Atlanta market. Allied generated about $100 million in standalone revenue, with some volume expected to shift onto Cardinal projects and be reflected in margin.
2. Leadership change
Allied CEO John McLean joined Cardinal’s leadership team to manage paving operations across Georgia.
