Mergers & Acquisitions ·
Cardinal Infrastructure Group Inc. reported second quarter 2026 results with record revenue of $226.9 million, up 114%…
CDNLCardinal Infrastructure Group Inc.
Cardinal Infrastructure Group Inc. reported second quarter 2026 results with record revenue of $226.9 million, up 114% year-over-year, and adjusted EBITDA of $28.1 million. The company raised its full-year 2026 revenue guidance to $880-$900 million and announced the acquisition of Allied Paving for approximately $120 million in cash and stock. Cardinal operates as a full-service infrastructure service provider specializing in civil and site development solutions in the Southeastern United States.