Acquisition History / Cardinal Infrastructure Group Inc. (through subsidiary Aviator Paving Company Charlotte, LLC) / Red Clay Industries, Inc. (substantially all assets)
Cardinal Infrastructure Group Inc. (through subsidiary Aviator Paving Company Charlotte, LLC) Acquires Red Clay Industries, Inc. (substantially all assets)
Announced October 2025 — $40M
What happened
Cardinal Infrastructure Group Inc. (Nasdaq: CDNL), a publicly traded infrastructure-services holding company, acquired substantially all of the assets of Red Clay Industries, Inc., a North Carolina asphalt paving, concrete contracting, concrete reclamation and soil stabilization business, through its wholly owned subsidiary Aviator Paving Company Charlotte, LLC, pursuant to an asset purchase agreement.
- Acquirer
- Cardinal Infrastructure Group Inc. (through subsidiary Aviator Paving Company Charlotte, LLC)
- Target
- Red Clay Industries, Inc. (substantially all assets)
- Announced
- October 2025
- Price
- $40M
- Industry
- Asphalt paving, concrete contracting, concrete reclamation, and soil stabilization services
- Buyer type
- Holding company
- Status
- Closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Cardinal Infrastructure Group Inc. (through subsidiary Aviator Paving Company Charlotte, LLC) acquire Red Clay Industries, Inc. (substantially all assets)?
Cardinal Infrastructure Group Inc. (through subsidiary Aviator Paving Company Charlotte, LLC) acquired Red Clay Industries, Inc. (substantially all assets) on October 2025. This was Cardinal Infrastructure Group Inc. (through subsidiary Aviator Paving Company Charlotte, LLC)'s 1st publicly tracked acquisition out of 1 we have on record.
How much did Cardinal Infrastructure Group Inc. (through subsidiary Aviator Paving Company Charlotte, LLC) pay for Red Clay Industries, Inc. (substantially all assets)?
Cardinal Infrastructure Group Inc. (through subsidiary Aviator Paving Company Charlotte, LLC) paid $40M for Red Clay Industries, Inc. (substantially all assets).
What does Red Clay Industries, Inc. (substantially all assets) do?
Cardinal Infrastructure Group Inc. (Nasdaq: CDNL), a publicly traded infrastructure-services holding company, acquired substantially all of the assets of Red Clay Industries, Inc., a North Carolina asphalt paving, concrete contracting, concrete reclamation and soil stabilization business, through its wholly owned subsidiary Aviator Paving Company Charlotte, LLC, pursuant to an asset purchase agreement.
What other Asphalt paving, concrete contracting, concrete reclamation, and soil stabilization services companies has Cardinal Infrastructure Group Inc. (through subsidiary Aviator Paving Company Charlotte, LLC) acquired?
Red Clay Industries, Inc. (substantially all assets) is Cardinal Infrastructure Group Inc. (through subsidiary Aviator Paving Company Charlotte, LLC)'s only publicly tracked acquisition in Asphalt paving, concrete contracting, concrete reclamation, and soil stabilization services so far.