Vanterra Foundation Solutions Acquires '58 Foundations & Waterproofing from Sier Capital Partners
January 8, 2025
Vanterra Foundation Solutions, a new national platform backed by private equity firm Percheron Capital, has acquired '58 Foundations & Waterproofing from an affiliate of Sier Capital Partners for an undisclosed amount. The deal brings the Knoxville-based foundation repair and basement waterproofing business into Vanterra's platform as an add-on to accelerate geographic expansion and operational scale.
- Buyers
- Vanterra Foundation Solutions, Percheron Capital
- Targets
- '58 Foundations & Waterproofing
- Sellers
- Sier Capital Partners
- Platforms
- Vanterra Foundation Solutions
- Industry
- Construction
- Location
- Tennessee, United States
- Transaction Type
- Addon
Explore More
Related Acquisitions
-
Percheron Capital Acquires SafeBasements to Launch Foundation Repair Platform
October 31, 2023
Construction
Percheron Capital has acquired SafeBasements, a Minnesota-based foundation repair and basement waterproofing services company, as the first investment in a new platform focused on foundation repair and waterproofing. Percheron named industry veteran Deb Dulsky as CEO to lead growth and expansion across the Midwest, leveraging SafeBasements' vertically integrated products and experienced team.
-
U.S. Waterproofing (Rotunda Capital) Acquires Foundation Solutions 360
October 3, 2023
Construction
U.S. Waterproofing, a portfolio company of Rotunda Capital Partners, has acquired Foundation Solutions 360 (FS360), a Fraser, Michigan-based residential foundation repair and basement waterproofing services provider. The deal expands U.S. Waterproofing's Midwest footprint and service capabilities; FS360 founder Joe Marth will remain overseeing operations as the combined platform pursues further growth and add-on acquisitions.
-
Rotunda Capital Partners Invests in U.S. Waterproofing
November 10, 2022
Construction
Rotunda Capital Partners has made its first investment from Fund III in U.S. Waterproofing, a Chicagoland residential basement waterproofing and foundation repair provider. Founder/owner Matt Stock will remain CEO as Rotunda backs the company’s organic growth and plans to deploy an acquisition (roll-up) strategy to expand the platform nationally.
-
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 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.
-
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.
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.