The Waterproofing Company Acquires Phoenix Bay State Construction Company, Inc.
January 5, 2023
The Waterproofing Company, a long-established waterproofing and restoration contractor, has acquired Phoenix Bay State Construction Company, Inc., a nearly 50-year-old New England masonry construction and restoration firm based in Boston, Massachusetts. The acquisition expands The Waterproofing Company's masonry and restoration capabilities and positions the combined organization to pursue additional regional growth opportunities.
- Buyers
- The Waterproofing Company
- Targets
- Phoenix Bay State Construction Company, Inc.
- Sellers
- Phoenix Bay State Construction Company, Inc., Bob Asmar
- Industry
- Construction
- Location
- Massachusetts, United States
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
Beacon Roofing Supply Acquires Metro Sealant & Waterproofing Supply
February 12, 2024
Building Products
Beacon Roofing Supply (Nasdaq: BECN) has completed the acquisition of Metro Sealant & Waterproofing Supply, Inc., a 35-year-old sealant and waterproofing distributor headquartered in Springfield, Virginia with branches in Ashland, VA; Linthicum, MD; and Virginia Beach, VA. The purchase expands Beacon's specialty waterproofing capabilities and regional footprint as part of its growing waterproofing division.
-
BlueWater Marinas and Bain Capital Real Estate Acquire Bayside Marine
February 16, 2026
Real Estate
BlueWater Marinas, backed by Bain Capital Real Estate, has acquired Bayside Marine, a full-service marina in Duxbury, Massachusetts. The Kent family will remain in place to oversee day-to-day operations as the acquisition expands BlueWater/Bain's portfolio of East Coast marina properties.
-
Beacon Acquires Coastal Construction Products
November 1, 2022
Building Products
Beacon (Nasdaq: BECN) has acquired Jacksonville, Florida-based Coastal Construction Products from Supply Chain Equity Partners and members of Coastal's current and prior management. The acquisition creates a nationwide specialty waterproofing division, expanding Beacon's coast-to-coast footprint and adding Coastal's 18 waterproofing locations and over 200 employees to Beacon's operations.
-
Groundworks Acquires Baker's Waterproofing
May 18, 2021
Construction
Virginia Beach-based Groundworks, a Cortec Group-backed national foundation services platform, acquired Baker's Waterproofing of Pittsburgh, Pennsylvania on May 14, 2021. The add-on expands Groundworks' footprint into Pennsylvania and West Virginia and brings Baker's team of over 85 employees and its residential basement waterproofing, foundation repair and concrete lifting capabilities onto the Groundworks platform.
-
New State Capital Partners Acquires Majority Stake in Patuxent Roofing & Contracting
April 26, 2022
Construction
New State Capital Partners acquired a majority stake in Patuxent Roofing & Contracting, a Laurel, Maryland-based provider of re-roofing, waterproofing, and related building envelope services to institutional and commercial customers. Patuxent CEO and current owner Mike Gowl will remain with the company and retain a significant equity stake; New State said it will support growth through organic initiatives and targeted acquisitions to expand geography and complementary services.
-
Beacon Acquires Garvin Construction Products
October 2, 2023
Building Products
Beacon (Nasdaq: BECN) has completed the acquisition of Garvin Construction Products, a Medford, Massachusetts-based distributor of waterproofing and building envelope products with four additional locations in the Northeast. The acquisition expands Beacon’s waterproofing and building envelope capabilities and regional footprint as part of its Ambition 2025 growth plan.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.