M&A Deal Summary

Groundworks Acquires Complete Basement Systems

On May 20, 2019, Groundworks acquired construction company Complete Basement Systems

Acquisition Highlights
  • This is Groundworks’ 1st transaction in the Construction sector.
  • This is Groundworks’ 3rd transaction in the United States.
  • This is Groundworks’ 1st transaction in Colorado.

M&A Deal Summary
Date 2019-05-20
Target Complete Basement Systems
Sector Construction
Buyer(s) Groundworks
Deal Type Add-on Acquisition

Target

Complete Basement Systems

Denver, Colorado, United States
Complete Basement Systems is a local, family-owned and operated company dedicated to fixing basement, foundation, crawl space, and concrete problems.

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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 3 of 28
Sector (Construction) 1 of 20
Type (Add-on Acquisition) 3 of 28
State (Colorado) 1 of 3
Country (United States) 3 of 27
Year (2019) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-17 Independence Materials Group

Columbia, South Carolina, United States

Independence Materials Group is a manufacturer and distributor of specialty, patented products for the foundation repair, basement waterproofing and crawl space encapsulation industries.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-15 Ohio Basement Authority

Columbus, Ohio, United States

Ohio Basement Authority is a foundation services company in Ohio.

Buy -
Mergr

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