United Structural Systems Recapitalizes Ox Foundation Solutions

May 31, 2023

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.

Buyers
United Structural Systems, Summit Park
Targets
Ox Foundation Solutions
Platforms
United Structural Systems
Industry
Construction
Location
Alabama, United States
Transaction Type
Recapitalization

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