How many acquisitions has Knife River made so far?

Knife River has completed 8 acquisitions so far, with an average acquisition amount of $454M.

Which is Knife River's latest acquisition?

Knife River's most recent acquisition is Morganasphalt, a Provider of asphalt paving, grading, and utility services, acquired in February 2026.

Which sectors does Knife River target for acquisitions?

Most of Knife River's acquisitions are in Building Materials (5) and Construction Contractors (2).

In which year did Knife River make the most acquisitions?

Knife River was most active in 2021, with 3 acquisitions completed in that year.

List of 8 Acquisitions by Knife River (Nov 2026)

Knife River has made a total of 8 acquisitions. These transactions occurred across United States within 3 sectors: Building Materials, Construction Contractors, and Real Estate & Infrastructure Developers. Peak activity years included 2021 with 3 transactions, as well as 2026 and 2024 with 1 transaction each. The average annual acquisition rate from 2020 to 2025 is 0.8, and 1 acquisition has been completed in the current calendar year. In February 2026, the firm acquired Morganasphalt, a United States-based provider of asphalt paving, grading, and utility services.

Here's the year on year acquisition history of Knife River:

Number of Total Acquisitions

Year	# Acquisitions
2026	1
2024	1
2021	3
2020	1
2007	1
2004	1

View all Acquisitions by Knife River

Recent acquisitions by Knife River

Knife River's most recent acquisition - Morganasphalt is a Provider of asphalt paving, grading, and utility services. Knife River acquired it in February 2026 for a price of $*****.

Here is the list of all acquisitions by Knife River sorted by the latest acquisition date:

Acquired on	Acquired Company	Acquisition Price	Facilitators	Stake Acquired	Acquisition Multiple
Feb 27, 2026	Morganasphalt	wjag	vdac	95	832
Dec 20, 2024	Strata	vdzf	kloa	69	581
Nov 22, 2021	Baker Rock Resources	efjb	snzc	90	420
Nov 22, 2021	Oregon Mainline	fhcl	somk	74	528
Apr 02, 2021	Mt Hood Rock Products	et{{	uwnl	25	640