M&A Deal Summary

Groundworks Acquires Yellowstone Structural Systems

On December 4, 2024, Groundworks acquired construction company Yellowstone Structural Systems

Acquisition Highlights
  • This is Groundworks’ 23rd transaction in the Construction sector.
  • This is Groundworks’ 30th transaction in the United States.
  • This is Groundworks’ 1st transaction in Montana.

M&A Deal Summary

Date 2024-12-04
Target Yellowstone Structural Systems
Sector Construction
Buyer(s) Groundworks
Deal Type Add-on Acquisition

Target

Yellowstone Structural Systems

Belgrade, Montana, United States
Yellowstone Structural Systems provides repair, waterproofing, & concrete services. Custom-engineered services for homes and businesses in Montana and Wyoming. Yellowstone Structural Systems was founded in 2004 and is based in Belgrade, Montana.

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Buyer(S) 1

Buyer

Groundworks

Virginia Beach, Virginia, United States

Category Company
Founded 2016
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 was founded in 2016 and is based in Virginia Beach, Virginia.


DEAL STATS #
Overall 31 of 32
Sector: Construction M&A 23 of 24
Type: Add-on Acquisition M&A Deals 31 of 32
State: Montana M&A 1 of 1
Country: United States M&A 30 of 31
Year: 2024 M&A 7 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-28 Rainy Day Basement Systems

Arlington, Washington, United States

Rainy Day Basement Systems provides basement waterproofing, crawl space repair, and sump pump installation. Rainy Day Basement Systems is based in Arlington, Washington.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-09-03 Leveled Concrete

Houston, Texas, United States

Leveled Concrete is a provider of residential and commercial concrete repair, leveling, and foundation stabilization services. Leveled Concrete was founded in 2014 and is based in Houston, Texas.

Buy -