Groundworks Acquires URETEK South

Groundworks Acquires Eco-Soil Stabilizers

November 17, 2023

Construction

Groundworks, the national foundation and water management solutions company, has acquired Eco-Soil Stabilizers, a Canyon Lake, Texas-based family business that provides proprietary soil stabilization injection technology. The acquisition adds Eco-Soil's soil-stabilizing capability to Groundworks' service offering and supports the company's continued expansion in Texas and nationwide.

Groundworks Acquires WTX Foundation Repair to Enter West Texas and New Mexico

February 18, 2026

Construction

Groundworks, a North American foundation repair and water management company, has acquired WTX Foundation Repair of Amarillo, Texas, marking Groundworks' first entry into New Mexico and expansion in West Texas. The deal brings WTX's local foundation repair, concrete leveling, and basement waterproofing capabilities into Groundworks' platform as the team will continue serving customers under the Groundworks name.

Groundworks Acquires Peak Structural

April 5, 2022

Construction

Groundworks, a Cortec-backed national foundation and water management platform, acquired Peak Structural, a Denver-based foundation repair and waterproofing specialist. The deal consolidates Peak with Groundworks' other Colorado businesses to create a larger, unified presence across the state; terms were not disclosed.

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.

Groundworks Acquires EagleLIFT

June 24, 2024

Construction

Groundworks has acquired EagleLIFT, a Rancho Cucamonga, California-based foundation and soil stabilization specialist, expanding Groundworks' presence in Southern California. EagleLIFT will continue serving residential and commercial customers across California, Nevada and Arizona while benefiting from Groundworks' capital, technology and training resources.

Cortec Group Invests Growth Capital in Groundworks

January 21, 2020

Construction

Cortec Group, through its affiliate Cortec Fund VII, completed a growth recapitalization of Groundworks, partnering with founder Matt Malone and the company’s management team to support accelerated organic growth and acquisitive expansion. Groundworks, a Virginia Beach–based vertically integrated foundation services platform operating under multiple local brands across 22 states, will use the capital to continue consolidating the foundation services industry.