{"id":4215,"date":"2018-04-27T09:55:25","date_gmt":"2018-04-27T13:55:25","guid":{"rendered":"http:\/\/www.ipoboutique.com\/blog\/?p=4215"},"modified":"2018-04-27T09:55:25","modified_gmt":"2018-04-27T13:55:25","slug":"construction-partners-inc-ipo-preview-road","status":"publish","type":"post","link":"https:\/\/www.ipoboutique.com\/blog\/construction-partners-inc-ipo-preview-road\/","title":{"rendered":"Construction Partners, Inc. #IPO Preview ($ROAD)"},"content":{"rendered":"

\"ROAD\"<\/a><\/p>\n

Company: Construction Partners, Inc.<\/strong>
\nSymbol: ROAD
\nDescription: They are one of the fastest growing civil infrastructure companies in the United States specializing in the building and maintenance of transportation networks.
\nTrade Date: 5\/4
\nShares: 11.3 million
\nPrice Range: $15.00-$17.00
\nUnderwriter(s): Baird, Raymond James, Stephens Inc
\nCo-Manager(s): Imperial Capital, D.A. Davidson & Co.
\nTerms Added: 4-23-18<\/p>\n

Link to Prospectus<\/a><\/strong><\/p>\n

Link to Retail Roadshow<\/a><\/strong><\/p>\n

Business<\/strong>:\u00a0Their operations leverage a highly skilled workforce, strategically located hot mix asphalt (\u201cHMA\u201d) plants, substantial construction assets and select material deposits. They provide construction products and services to both public and private infrastructure projects, with an emphasis on highways, roads, bridges, airports, and commercial and residential sites in the Southeastern United States. Led by industry veterans each with over 30 years of experience operating, acquiring and improving construction companies, they are well-positioned to continue to expand profitably in an industry with attractive growth prospects.<\/p>\n

Financials:\u00a0<\/strong>Their revenues were $542.3 million and $568.2 million and their net income was $22.0 million and $26.0 million in 2016 and 2017, respectively. In the first quarter of fiscal 2018, their revenues increased 23.2% to $150.4 million, while their net income increased 141.1% to $11.0 million, compared to the sameperiod in the previous fiscal year.<\/p>\n

\"ROAD.Financials\"<\/p>\n

Book-Building Status<\/strong>: The way the book comes together during the week of the roadshow is the most critical indicator to first-day and first-week performance. IPO Boutique uses its 45 years of experience and sources all over the street to gather daily subscription levels, specific price guidance and what type of investors are currently in the book or are anchoring orders in the book. In addition, recent underwriter performance on sector specific deals is a strong factor that IPO Boutique takes into account when determining if our clients should indicate for any offering.<\/p>\n

IPO Boutique subscription clients receive daily updates on this critical information.<\/span><\/a><\/p>\n

Conclusion<\/strong>: IPO Boutique provides ratings, daily commentary and a forecast for how this IPO will open vs. its offering price. We have kept a\u00a0track record<\/span><\/a>\u00a0with our performance for last 12 years at our website. Additionally, here’s a 2017 recap of our performance<\/a>\u00a0to showcase the value of IPO Boutique’s service.<\/p>\n

Indicate with confidence,\u00a0<\/b>SUBSCRIBE<\/b><\/a>\u00a0today.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":"

Company: Construction Partners, Inc. Symbol: ROAD Description: They are one of the fastest growing civil infrastructure companies in the United States specializing in the building and maintenance of transportation networks. Trade Date: 5\/4 Shares: 11.3 million Price Range: $15.00-$17.00 Underwriter(s): Baird, Raymond James, Stephens Inc Co-Manager(s): Imperial Capital, D.A. Davidson & Co. Terms Added: 4-23-18[…]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"zakra_general_container_width":0,"zakra_general_content_width":0,"zakra_general_sidebar_width":0,"zakra_sticky_header":"customizer","zakra_header_main_area":true,"zakra_site_logo_width":0,"zakra_header_top_enabled":"customizer","zakra_header_top_style":"customizer","zakra_primary_menu_item_style":"customizer","zakra_page_header_text_color":"","zakra_page_header_layout":"customizer","zakra_page_title_bg":"","zakra_footer_widgets_bg_image":0,"zakra_page_title_bg_repeat":"customizer","zakra_page_title_bg_position":"customizer","zakra_page_title_bg_size":"customizer","zakra_page_title_bg_attachment":"customizer","zakra_breadcrumbs_enabled":"customizer","zakra_breadcrumbs_text_color":"","zakra_breadcrumbs_separator_color":"","zakra_breadcrumbs_link_color":"","zakra_breadcrumbs_link_hover_color":"","zakra_page_title_bg_image":0,"zakra_footer_widgets_enabled":"customizer","zakra_footer_column_layout_1_style":"customizer","zakra_footer_widgets_bg":"","zakra_footer_widgets_bg_repeat":"customizer","zakra_footer_widgets_bg_position":"customizer","zakra_footer_widgets_bg_size":"customizer","zakra_footer_widgets_bg_attachment":"customizer","zakra_footer_bar_enabled":"customizer","zakra_footer_bar_style":"customizer","footnotes":""},"categories":[24],"tags":[1502],"class_list":["post-4215","post","type-post","status-publish","format-standard","hentry","category-ipo","tag-road"],"_links":{"self":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/4215","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/comments?post=4215"}],"version-history":[{"count":1,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/4215\/revisions"}],"predecessor-version":[{"id":4218,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/posts\/4215\/revisions\/4218"}],"wp:attachment":[{"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/media?parent=4215"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/categories?post=4215"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ipoboutique.com\/blog\/wp-json\/wp\/v2\/tags?post=4215"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}