Groundworks® Launches Expansion into Canada
May 01 2024 - 12:00PM
Groundworks®, the industry’s leading foundation and water
management solutions company, announces it has begun an expansion
plan into Canada. The company has acquired Calgary, Alberta, based
Doug Lacey’s Basement Systems, on the heels of several additional
acquisitions and new office openings since the start of 2024.
“Groundworks is on an extraordinary growth trajectory. We have
been blessed to evolve the U.S. foundation services market in a
mere 8 years. Strategically, we will continue our expansion in the
U.S., but have also decided to aggressively grow our footprint in
Canada,” said Matt Malone, founder & CEO of Groundworks. “Now,
on our company’s 8th anniversary, we have become an international
company, serving the great homeowners of both the United States and
Canada. Our partners at Doug Lacey’s Basement Systems are the right
fit to take our high-quality, innovative solutions into an entirely
new market as we continue our mission to advance the home services
industry.”
For 32 years, Doug Lacey’s Basement Systems has supported
homeowners across the Greater Calgary area with their basement and
crawl space needs, including foundation repair, waterproofing,
crawl space encapsulation and structural repair, and radon
mitigation.
“Aligning with Groundworks marks an exciting new chapter for our
employees and our customers. We are eager to grow to new levels
that we previously couldn’t have envisioned, as well as offer our
customers a wider range of resources, services, and innovative
solutions,” said Doug Lacey, owner of Doug Lacey’s Basement
Systems. “Our employees will also benefit from Groundworks’ robust
training and leadership development and the employee ownership
program. We are proud to join a company that shares our dedication
to quality and customer service, as well as to be the blueprint for
their international expansion.”
Groundworks is expanding its footprint and market share
strategically and rapidly. In 2024, Groundworks has opened new
offices in Wichita, KS, Wilmington, NC, Louisville, KY, San Jose,
CA, and Atlanta. It also acquired companies in Oklahoma, Ohio, New
Jersey, and entered the commercial poly market with the acquisition
of Dallas-based URETEK South.
Since 2016, Groundworks has been disrupting the foundation
solutions industry through its combination of aligning with
industry-leading local brands and opening new locations – making it
the first international foundation solutions company. More insights
as to how this company has achieved impressive success and growth
so quickly are featured in a recently released episode in a
docuseries of their history, which is available at this link.
For more information on Groundworks locations, services, and
career opportunities, please visit www.groundworks.com.
About GroundworksGroundworks®, headquartered in
Virginia Beach, Va., is the nation’s leading and fastest-growing
foundation and water management solutions company. Founded in 2016,
Groundworks companies provide foundation and water management
solutions, including foundation repair, basement waterproofing,
crawl space repair and encapsulation, plumbing, gutter
installation, and concrete lifting services, as well as offer soil
stabilizing solutions for residential and commercial projects.
Groundworks’ combined brands have helped over one million
homeowners protect and repair their most valuable asset: their
homes. Groundworks operates over 68 offices across 35 states as
well as in Canada. It is a seven-time recipient of Inc. 5000
Fastest Growing Companies and was named to the Inc. 2023 Best in
Business list.
For more information about Groundworks, visit
https://www.groundworks.com, and connect with us on Facebook,
Twitter, LinkedIn and Instagram.
Contact: Debbie EhrmanFINN
PartnersGroundworks@FinnPartners.com
John ThorntonChief Marketing
OfficerJohn.thornton@groundworks.com