Groundworks Acquires Florida’s Alpha Foundations
Groundworks, the nation’s premier provider of foundation and water management systems, has announced the acquisition of Alpha Foundations based in Florida.
Groundworks’ service area in Florida will be greatly expanded as a result of this transaction.
Alpha Foundations, founded in 2002 by Matt Shanley, is Florida’s premier foundation and crawl space repair company, with six locations and over 300 employees.
For nearly two decades, the company has established a solid local reputation for offering great foundation solutions and good customer service to homeowners in the area.
Groundworks will continue to grow on its reputation by investing in its personnel, marketing, and infrastructure, while maintaining giving the local experience and personal touch that its customers have come to expect.
“Alpha Foundations has a dominant history in Florida, and like Groundworks, has been on an aggressive growth trajectory,” said Matt Malone, Founder and CEO of Groundworks.
“Matt Shanley and his team achieved their remarkable growth by putting people first, and that’s exactly what we are going to continue to do for their employees and customers. As part of the partnership with Groundworks, we will not only invest in the business, but we will also invest heavily in the career development and training of the Alpha employees, so they are empowered to provide better service and support to our customers.”
“Groundworks and Alpha Foundations are two of the industry’s fastest growing brands, so this partnership is a natural progression for both our companies,” said Founder of Alpha Foundations, Matt Shanley.
“The men and women at Alpha are the hardest working individuals, not just in the foundation repair business, but in any industry. I’m excited for the partnership with Groundworks because it will allow our employees to achieve new levels of career advancement and success they wouldn’t otherwise be able to achieve elsewhere.”
This is Groundworks’ 22nd acquisition since 2016, and its fifth this year.
With this acquisition, the company now has 18 brands, 47 offices, and over 4,000 people across the country.
Alpha Foundations will keep its brand identification and continue to serve Florida and Southern Georgia as part of the acquisition transaction.