Groundworks Acquires Basement Authority of West Virginia
July 6, 2022
Groundworks, the Cortec-backed national foundation and water management platform, has acquired Basement Systems of West Virginia, which will operate as Basement Authority of West Virginia. The add-on expands Groundworks' footprint into West Virginia and strengthens its residential and commercial foundation repair and waterproofing capabilities; terms were not disclosed.
- Buyers
- Groundworks, LLC, Cortec Group (Cortec Fund VII)
- Targets
- Basement Authority of West Virginia (formerly Basement Systems of West Virginia)
- Platforms
- Groundworks, LLC
- Industry
- Building Products
- Location
- West Virginia, United States
- Transaction Type
- Addon
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