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A&O Shearman advises Granite Construction in its combined USD710 million acquisitions of Warren Paving and Papich Construction

A&O Shearman advises Granite Construction in its combined USD710 million acquisitions of Warren Paving and Papich Construction
A&O Shearman advised Granite Construction Incorporated in its acquisitions of Warren Paving and Papich Construction for a combined purchase price of USD710m. Both transactions were simultaneously signed and closed on August 5, 2025, and announced in a press release.

A&O Shearman has represented Granite (NYSE: GVA) on other strategic transactions including those with respect to Layne Christiansen Company, Dickerson & Bowen, Inc., Lehman-Roberts Company, Coast Mountain Resources, Granite Inliner and Memphis Stone & Gravel Company.

Granite, headquartered in Watsonville, California, is a construction and construction materials company and provider in the transportation, water infrastructure and mineral exploration markets. The company is supported by approximately 2,300 employees and posted approximately USD4 billion in revenue in 2024.

“We are delighted to have advised Granite on this important transaction, marking yet another pivotal step in its growth and expansion,” said M&A and private equity partner Kyle Park. “This deal underscores A&O Shearman’s commitment to helping clients achieve their goals.”

The A&O Shearman team was led by M&A and private equity partners Alain Dermarkar and Kyle Park as well as M&A associates Elizabeth Robishaw, Marco Maduri, Danielle Garcia and Ian Johnson.

The team also included tax partner John Hibbard, compensation, employment, pensions & governance (CEPG) partner Jai Garg, antitrust partners Jonathan Cheng and Ben Gris, environmental & sanctions partner Jason Pratt, real estate partner Adam Sofen, environmental & sanctions counsel Maria Christopher Bell and tax associate Michael Buiteweg, CEPG associates K.J. Salameh and Elizabeth Edel, antitrust associates Regina Loureiro, Brandon Abrams and Andrew Schaeffer, environmental & sanctions associate Olivia Kreft and real estate associate Yoel Katz.

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