United Structural Systems Adds Basement and Crawlspace Solutions (BACS)

United Structural Systems Recapitalizes Ox Foundation Solutions

May 31, 2023

Construction

United Structural Systems (a Summit Park portfolio company) completed a recapitalization of Ox Foundation Solutions, a residential foundation repair and basement waterproofing services provider headquartered in Calera, Alabama. Ox founders Kevin Weber and Dannon Appleyard partnered in the transaction and will remain in leadership roles; the deal represents USS's first add-on acquisition to expand its geographic footprint in Alabama.

Summit Park Leads Majority Recapitalization of United Structural Systems (and Titan Products)

February 9, 2023

Construction

Summit Park has led a majority recapitalization of United Structural Systems (USS), a Nashville-based provider of foundation repair, crawlspace repair, and basement waterproofing services; the transaction also includes USS sister company Titan Products, a manufacturer and distributor of foundation repair products. Summit Park will partner with USS management to accelerate growth and expand the company's geographic footprint organically and via acquisitions while providing liquidity to existing owners.

Groundworks Companies Acquires Ohio Basement Systems

September 30, 2019

Construction

Groundworks Companies, a portfolio company of Succession Capital Partners, has acquired Ohio Basement Systems. The team of nearly 100 employees will join Groundworks while founder Mike Rusk will join Groundworks' advisory board and the Ohio Basement Systems brand will continue to operate under its name as part of the Groundworks platform.

StableDry Services Recapitalizes Foundation Services of Central Florida and United Structural Systems Ltd

June 3, 2025

Construction

StableDry Services, a Summit Park-backed platform, has recapitalized Foundation Services of Central Florida (FSCF) and United Structural Systems Ltd (USS Ltd), expanding its geographic footprint and adding new service capabilities. The transactions broaden StableDry's capabilities (chemical grouting, soil stabilization, seawall repair) and extend the platform into central Florida, greater Lexington, KY and Charleston, WV areas.

U.S. Waterproofing (Rotunda) Acquires Crawl Space Brothers

April 25, 2023

Construction

U.S. Waterproofing, a Rotunda Capital Partners portfolio company, has acquired Crawl Space Brothers, a Charlotte-based provider of residential crawl space encapsulation, repair, and basement waterproofing services. The add-on expands U.S. Waterproofing's geographic footprint into the Southeastern U.S. and will leverage U.S. Waterproofing's marketing, sales training and installation expertise to accelerate growth and pursue additional complementary acquisitions.

Groundworks Companies (Succession Capital Partners Portfolio) Acquires Innovative Basement Systems

November 20, 2019

Construction

Groundworks Companies, a portfolio company of Succession Capital Partners, has acquired Innovative Basement Systems (rebranded as Innovative Basement Authority). The acquisition brings Innovative's ~80 employees and regional footprint in Minnesota, North Dakota and eastern Montana into Groundworks' national foundation services platform as an add-on to accelerate growth and service expansion.