Merger • Construction

JES Acquires Tar Heel Basement Systems

On November 20, 2017, JES acquired construction company Tar Heel Basement Systems

Acquisition Context
  • This is JES’s 3rd transaction in the Construction sector.
  • This is JES’s 3rd transaction in the United States.
  • This is JES’s 1st transaction in North Carolina.

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M&A Deal Summary

Date November 20, 2017
Target Tar Heel Basement Systems
Sector Construction
Buyer(s) JES
Deal Type Merger

Target Company

Tar Heel Basement Systems

Winston-Salem, North Carolina, United States
Tar Heel Basement Systems specializes in crawl space repair, basement waterproofing, foundation repair, & concrete lifting. Tar Heel Basement Systems was founded in 2003 and is based in Winston-Salem, North Carolina.
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Buyer Overview 1

Buyer

JES

Nottingham, Maryland, United States

Category Company
Founded 1993
Sector Construction
DESCRIPTION

JES is a structural engineering solutions firm specializing in residential and commercial foundation repair, concrete lifting and leveling, crawl space moisture control systems, and basement waterproofing systems. JES was founded in 1993 and is based in Nottingham, Maryland.


Deal Context for Buyer #
Overall 3 of 3
Sector: Construction 3 of 3
Type: Merger 2 of 2
State: North Carolina 1 of 1
Country: United States 3 of 3
Year: 2017 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-04-13 Mount Valley Foundation Services

Columbia, South Carolina, United States

Mount Valley Foundation Services specializes in helping homeowners with their foundation repair, basement waterproofing, crawl space encapsulation and concrete needs. Mount Valley Foundation Services is based in Columbia, South Carolina.

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