Groundworks Acquires Rescon Basement Solutions to Enter New Hampshire

Groundworks Acquires BQ Basements & Concrete

November 3, 2021

Construction

Virginia Beach-based Groundworks, a Cortec Group-backed national foundation and water management platform, acquired Philadelphia-based BQ Basements & Concrete. The add-on expands Groundworks' Northeast footprint (greater Philadelphia, New Jersey and Northern Delaware) and brings BQ's team, local brand and basement/foundation services under Groundworks' national platform; terms were not disclosed.

Groundworks Acquires Select Basement Waterproofing to Enter New Jersey Market

February 29, 2024

Construction

Groundworks, the national foundation and water management solutions platform, has acquired Select Basement Waterproofing and will rebrand the business as Groundworks to expand into New Jersey. The acquisition brings Groundworks immediate coverage across multiple New Jersey counties and adds residential services including basement waterproofing, foundation repair, crawl space encapsulation and mold remediation to its network.

Groundworks Acquires AquaGuard Foundation Solutions

December 15, 2020

Construction

Virginia Beach-based Groundworks, a Cortec Group-backed foundation services platform, acquired Atlanta-headquartered AquaGuard Foundation Solutions on December 10, 2020. The add-on strengthens Groundworks' presence in the Southeast and expands its residential waterproofing and foundation repair capabilities; terms were not disclosed.

Groundworks Acquires Rainy Day Basement Systems

August 28, 2024

Construction

Groundworks, a Virginia Beach-based foundation and water management platform, has acquired Arlington, Washington-based Rainy Day Basement Systems. The acquisition expands Groundworks' Seattle-area footprint and brings Rainy Day's basement waterproofing and crawl space repair team into the Groundworks network while retaining the local team and offering employees ownership opportunities.

Groundworks Acquires Clarke Basement Systems (Toronto)

July 31, 2024

Construction

Groundworks, a Virginia Beach–based foundation and water management solutions company, has acquired Toronto-based Clarke Basement Systems, marking Groundworks' third location in Canada. The deal expands Groundworks' presence into Canada's largest market and brings Clarke's two decades of local expertise under Groundworks' national platform.

Groundworks Acquires Bay Area Underpinning

July 19, 2023

Construction

Groundworks, the national foundation and water management solutions company, acquired Bay Area Underpinning, a California-based foundation repair and concrete lifting specialist. The deal establishes Groundworks' first West Coast location and will bring Bay Area Underpinning access to broader resources while maintaining local service leadership.