Tracked deals
7
7 tracked deals across 2019-2020.
Private Equity Firm
Financial Services
Succession Capital Partners
Norfolk, Virginia, United States
Succession Capital Partners is a specialty private equity firm providing investment capital to individually or family owned businesses in the Mid-Atlantic and the Southeast. Succession specializes in providing liquidity for family-owned businesses and supporting the smooth transition and continued success of small cap businesses.
- Focus Areas
- Private equity / buyouts, Succession solutions for family-owned businesses
- Website
- successioncp.com
Recent pace
0
0 tracked deals announced in the last 12 months.
Deal mix
Addon
7 addon
Succession Capital Partners Acquisition Volume by Year
Last 2 years
Supporting Data
Recent Transactions
-
July 15, 2020
- Buyer
- Groundworks, Cortec Group, Succession Capital Partners
- Target
- Foundation Systems of Michigan
- Seller
- Bob Genord / Foundation Systems of Michigan shareholders
- Industry
- Construction
- Location
- Michigan, United States
- Type
- Addon
Virginia Beach-based Groundworks, a PE-backed national foundation services platform, acquired Foundation Systems of Michigan (FSM) on July 9, 2020. The add-on expands Groundworks' footprint into Michigan and the Midwest, bringing FSM's ~200+ employees and multi-branch operations onto the Groundworks platform backed by investors including Cortec Group and Succession Capital Partners.
-
- Buyer
- Groundworks, Succession Capital Partners, Cortec Group
- Target
- AFS Foundation & Waterproofing Specialists
- Seller
- Ben Bayless / Bayless family
- Industry
- Construction
- Location
- Alabama, United States
- Type
- Addon
Groundworks, a Virginia Beach–based national foundation services platform, acquired AFS Foundation & Waterproofing Specialists of Huntsville, Alabama, adding seven offices, more than 300 employees and over $65 million of annual revenue. The deal is an add-on to Groundworks’ PE-backed platform (supported by Succession Capital Partners and Cortec Group) and strengthens the company’s Southeast footprint while advancing its strategy to build a national, vertically integrated foundation services brand.
-
January 6, 2020
- Buyer
- Groundworks, Succession Capital Partners
- Target
- Foundation Repair of Western Colorado
- Seller
- Ted Munkres
- Industry
- Construction
- Location
- Colorado, United States
- Type
- Addon
Groundworks, a portfolio company of Succession Capital Partners, has acquired Foundation Repair of Western Colorado (FRWC), expanding Groundworks' footprint on Colorado's western slope and into Utah. FRWC's founder Ted Munkres will retire following the transition but will remain as a consultant; the business will continue operating under the Foundation Repair of Western Colorado name within Groundworks' platform.
-
November 20, 2019
- Buyer
- Groundworks Companies, Succession Capital Partners
- Target
- Innovative Basement Systems (now Innovative Basement Authority)
- Seller
- Ross and Keith Johnson (founders/owners of Innovative Basement Systems)
- Industry
- Construction
- Location
- Minnesota, United States
- Type
- Addon
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.
-
September 30, 2019
- Buyer
- Groundworks Companies, Succession Capital Partners
- Target
- Ohio Basement Systems
- Seller
- Mike Rusk, Gayle Rusk
- Industry
- Construction
- Location
- Ohio, United States
- Type
- Addon
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.
-
- Buyer
- Groundworks Companies, Succession Capital Partners
- Target
- Ohio Basement Authority, Florida Foundation Authority
- Industry
- Construction
- Location
- United States
- Type
- Addon
Groundworks Companies, a portfolio company of Succession Capital Partners, has acquired Ohio Basement Authority and Florida Foundation Authority. The add-on acquisitions expand Groundworks' foundation services footprint into central Ohio and the Orlando/Central Florida region as part of a larger plan to build a national foundation services platform.
-
- Buyer
- Groundworks Companies, Succession Capital Partners
- Target
- Rod Martin's Complete Basement Systems
- Seller
- Rod Martin
- Industry
- Construction
- Location
- Colorado, United States
- Type
- Addon
Groundworks Companies, a Succession Capital Partners portfolio company, has acquired Rod Martin's Complete Basement Systems, a Denver-based foundation repair and basement waterproofing provider. The add-on deal — Groundworks' largest to date — is intended to serve as a strategic foothold for the platform's western expansion and the combined businesses will retain existing staff while leveraging Groundworks' operational infrastructure.
Related Acquisition Pages
Construction Buyers & Acquisitions
7 tracked deals by Succession Capital Partners.
Acquisitions in Colorado
2 tracked deals by Succession Capital Partners.
Acquisitions in Alabama
1 tracked deal by Succession Capital Partners.
Acquisitions in Michigan
1 tracked deal by Succession Capital Partners.
Acquisitions in Minnesota
1 tracked deal by Succession Capital Partners.
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