Groundworks Acquires Alpha Foundations
December 16, 2021
Groundworks, a Virginia Beach-based foundation and water management platform backed by Cortec Group, acquired Alpha Foundations, a Monticello, Florida-based foundation and crawl space repair company, on December 16, 2021. The add-on expands Groundworks' footprint in Florida and Southern Georgia; Alpha will retain its brand while benefiting from Groundworks' investment in employees, marketing and infrastructure.
- Buyers
- Groundworks, Cortec Group
- Targets
- Alpha Foundations
- Platforms
- Groundworks
- Industry
- Construction
- Location
- Florida, United States
- Transaction Type
- Addon
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