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Groundworks

Foundation repair, waterproofing, and crawl spaces

Overview

Groundworks provides residential foundation repair, basement waterproofing, concrete lifting, and crawl space encapsulation services through a network of local offices across the United States. The company works directly with homeowners, offering free inspections to diagnose issues and provide estimates for its patented repair solutions, and then completes the home improvement projects for a fee. Unlike many contractors that operate locally without standardized processes, Groundworks' model centers on a nationwide network delivering consistent, direct-to-consumer service on home repairs. The company’s goal is to help homeowners fix structural and moisture problems to protect their properties and improve long-term durability.

Significant Headcount Growth

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About Groundworks

Simplify's Rating
Why Groundworks is rated
C+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated D+ on Differentiation

Industries

ConsultingIndustrial & Manufacturing

Company Size

1,001-5,000

Company Stage

Growth Equity (Non-Venture Capital)

Total Funding

N/A

Headquarters

Virginia Beach, VA

Founded

1993

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Simplify's take

What believers are saying

  • Groundworks reported its tenth consecutive Inc. 5000 ranking in 2026.
  • The company added WTX Foundation Repair, entering New Mexico and expanding West Texas.
  • New CIO Heidi Cox and president Kim McDonald signal tighter operating discipline after growth spikes.

What critics are saying

  • Basement Systems sued Groundworks for patent infringement on July 31, 2026.
  • William Stevers v. Groundworks reached the Sixth Circuit on October 20, 2026.
  • Aggressive acquisition integration across 85 locations and 7,300 employees can fracture quality control.

What makes Groundworks unique

  • Employee-ownership model spread $31 million across nearly 5,000 employee-owners in 2026.
  • Groundworks scales locally branded branches into 45 states through rapid bolt-on acquisitions.
  • Its patented foundation, waterproofing, and poly-concrete systems create bundled home-structure repair offerings.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • Life Insurance
  • Disability Insurance
  • 401(k) Company Match
  • Paid Vacation
  • Paid Holidays
  • Equity Ownership

Growth & Insights and Company News

6 month growth

0%

1 year growth

38%

2 year growth

38%
Business Wire
Feb 19th, 2026
Groundworks® Expands to West Texas and Enters New Mexico Market with Acquisition of WTX Foundation Repair

Groundworks®, North America’s leading and fastest-growing foundation and water management solutions company, announced today its acquisition of WTX Foundatio...

GlobeNewswire
Sep 3rd, 2025
Groundworks® Expands Houston Presence Through Acquisition of Leveled Concrete

VIRGINIA BEACH, Va., Sept. 03, 2025 (GLOBE NEWSWIRE) -- Groundworks, North America’s leading and fastest-growing foundation and water management solutions company, today announced its acquisition of Leveled Concrete in Houston, Texas. This strategic addition will enable the company to expand its existing concrete repair services to more Houston homeowners. “The team at Leveled Concrete brings unique expertise in affordable poly concrete repair,” said Matt Malone, founder CEO of Groundworks. “Our goal is to export this methodology to our 80 branches to continue serving our customers across North America.” Leveled Concrete has been providing unmatched precision and innovative techniques for long-lasting results since 2014. Together with Groundworks, they will serve the area with nearly 100 employees

GlobeNewswire
Dec 4th, 2024
Groundworks Expands with Yellowstone Acquisition

Groundworks® has acquired Yellowstone Structural Systems in Bozeman, MT, marking its first office in Montana and expanding its presence in the Western U.S. This move aims to provide reputable foundation services in the region. Yellowstone, known for its foundation and structural repair solutions, will continue operating under the Groundworks name. The acquisition aligns with Groundworks' strategy of partnering with local brands to build a national foundation services business.

ForexTV
Aug 28th, 2024
Groundworks® Extends Seattle Presence with the Acquisition of Rainy Day

North America’s leader in foundation and water man

PE Hub
Aug 5th, 2024
KKR-backed Groundworks acquires Clarke Basement Systems | PE Hub

Clarke Basement Systems is a Toronto-based provider of crawl space structural repair, foundation repair and basement waterproofing services.

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