Add-on Acquisition • Construction

Vanterra Foundation Solutions Acquires 58 Foundations & Waterproofing

On January 8, 2025, Vanterra Foundation Solutions acquired construction company 58 Foundations & Waterproofing from Sier Capital Partners

Acquisition Context
  • This is Vanterra Foundation Solutions’ 1st transaction in the Construction sector.
  • This is Vanterra Foundation Solutions’ 1st transaction in the United States.
  • This is Vanterra Foundation Solutions’ 1st transaction in Tennessee.

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M&A Deal Summary

Date January 8, 2025
Target 58 Foundations & Waterproofing
Sector Construction
Buyer(s) Vanterra Foundation Solutions
Sellers(s) Sier Capital Partners
Deal Type Add-on Acquisition

Target Company

58 Foundations & Waterproofing

Knoxville, Tennessee, United States
58 Foundations & Waterproofing is a provider of basement waterproofing, crawlspace encapsulation, foundation repair, and mold remediation solutions for homes and commercial properties. 58 Foundations & Waterproofing was founded in 1958 and is based in Knoxville, Tennessee.
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Buyer Overview 1

Buyer

Vanterra Foundation Solutions

Knoxville, Tennessee, United States

Category Company
Sector Business Services
DESCRIPTION

Vanterra Foundation Solutions is a national platform of foundation repair, basement waterproofing, crawlspace repair, concrete lifting, radon mitigation, and mold removal services businesses dedicated to high-quality solutions for homeowners. Vanterra Foundation Solutions is based in Knoxville, Tennessee.


Deal Context for Buyer #
Overall 1 of 1
Sector: Construction 1 of 1
Type: Add-on Acquisition 1 of 1
State: Tennessee 1 of 1
Country: United States 1 of 1
Year: 2025 1 of 1

Seller Profile 1

DESCRIPTION

Sier Capital Partners is a private investment firm focused on partnering with successful lower middle-market companies. Sier is sector agnostic however the Firm has a particular interest in businesses with recurring revenue business models and that operate in fragmented industries. Target companies are typically profitable with at least $2 million of EBITDA. Sier Capital Partners was formed in 2002 and is headquartered in Akron, Ohio.


Deal Context for Seller #
Overall 2 of 2
Sector: Construction 1 of 1
Type: Add-on Acquisition 2 of 2
State: Tennessee 1 of 1
Country: United States 2 of 2
Year: 2025 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
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Buy -