M&A Deal Summary

Groundworks Acquires Baker’s Waterproofing

On May 17, 2021, Groundworks acquired construction company Baker’s Waterproofing

Acquisition Highlights
  • This is Groundworks’ 11th transaction in the Construction sector.
  • This is Groundworks’ 13th transaction in the United States.
  • This is Groundworks’ 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2021-05-17
Target Baker’s Waterproofing
Sector Construction
Buyer(s) Groundworks
Deal Type Add-on Acquisition

Target

Baker’s Waterproofing

Bentleyville, Pennsylvania, United States
Baker's Waterproofing is a provider of foundation repair, basement waterproofing, and crawl space repair in PA & OH. Baker’s Waterproofing was founded in 1975 and is based in Bentleyville, Pennsylvania.

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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 13 of 28
Sector (Construction) 11 of 20
Type (Add-on Acquisition) 13 of 28
State (Pennsylvania) 1 of 3
Country (United States) 13 of 27
Year (2021) 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-06 Dry Pro Foundation and Crawlspace Specialists

Belmont, North Carolina, United States

Dry Pro Foundation and Crawlspace Specialists is a full-service company specializing in residential and commercial waterproofing and foundation repairs. Dry Pro Foundation and Crawlspace Specialists was founded in 1999 and is based in Belmont, North Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-21 I m the Guy Basements

Northumberland, Pennsylvania, United States

I'm the Guy Basements is a provider of basement waterproofing and foundation repair solutions to homeowners. I'm the Guy Basements was founded in 2009 and is based in Northumberland, Pennsylvania.

Buy -
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