Jeremy Spivey

Stories

Cardinal Infrastructure expands into Florida with Hughes Brothers acquisition

Leading Cardinal's acquisition program

Cardinal Infrastructure Group, a Raleigh-based heavy civil contractor, agreed to buy Hughes Brothers Construction of Wildwood, Florida, for $357.5 million. The deal, announced October 13, is Cardinal's fourth acquisition this year.

Updated 1 hour ago

Notable Quotes

"Hughes Brothers is an exceptional founder-led business that culturally aligns with what we're building."

from Cardinal Infrastructure expands into Florida with Hughes Brothers acquisition · Updated 1 hour ago

"The residential seems to be having some pretty good tailwinds in that specific market."

from Cardinal Infrastructure expands into Florida with Hughes Brothers acquisition · Updated 1 hour ago