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Announced

Groundworks Companies completed the acquisition of Baker’s Waterproofing.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Majority

Single Bidder

Private

Cross Border

Maintenance Repair and Overhaul (MRO)

Friendly

Pending

foundation services

United States

Synopsis

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Groundworks, a foundation services company, completed the acquisition of Baker’s Waterproofing. Financial terms were not disclosed. "It is no coincidence we selected Baker’s as our first partner to expand into the Northeast. As we solidify our reach across the nation, this region is one in which we see the opportunity for continued growth. We will continue to grow our national platform to provide industry-leading foundation repair and water management services along with career advancement opportunities and world-class training for our dedicated team of employees," Matt Malone, Groundworks Founder and CEO.

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