M&A Deal Summary

Groundworks Acquires Alpha Foundations

On December 16, 2021, Groundworks acquired construction company Alpha Foundations

Acquisition Highlights
  • This is Groundworks’ 13th transaction in the Construction sector.
  • This is Groundworks’ 16th transaction in the United States.
  • This is Groundworks’ 2nd transaction in Florida.

M&A Deal Summary
Date 2021-12-16
Target Alpha Foundations
Sector Construction
Buyer(s) Groundworks
Deal Type Add-on Acquisition

Target

Alpha Foundations

Monticello, Florida, United States
Alpha Foundations is a foundation and crawl space repair company. Alpha Foundations was founded in 2002 and is based in Monticello, Florida.

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Buyer(S) 1

Buyer

Groundworks

Virginia Beach, Virginia, United States
Category Company
Sector Construction
DESCRIPTION

Groundworks is a vertically integrated foundation services company that serves primarily the single-family residential market, providing a critical suite of services to homeowners that preserve home value, integrity, and safety, including foundation repair, basement waterproofing, crawl space repair and encapsulation, and concrete lifting. Groundworks is based in Virginia Beach, Virginia.

DEAL STATS #
Overall 16 of 28
Sector (Construction) 13 of 20
Type (Add-on Acquisition) 16 of 28
State (Florida) 2 of 2
Country (United States) 16 of 27
Year (2021) 5 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-03 BQ Basements & Concrete

Erdenheim, Pennsylvania, United States

BQ Basements & Concrete provides quality basement waterproofing and foundation repair services with a personalized touch. BQ Basements & Concrete was founded in 1997 and is based in Erdenheim, Pennsylvania.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-05 Peak Structural

Palmer Lake, Colorado, United States

Peak Structural serves communities in Denver and Colorado Springs as one of the region's trusted experts in foundation repair, concrete lifting, crawl space encapsulation, and basement waterproofing. Peak Structural was founded in 2002 and is based in Palmer Lake, Colorado.

Buy -
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