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Groundworks Acquires Florida-Based Alpha Foundations


Acquisition strengthens company’s position in the Southeast

 

 

Virginia Beach, VA (Dec. 16, 2021) – Groundworks®, the nation’s leading foundation and water management solutions company, announced that it has acquired Florida-based Alpha Foundations. The acquisition will significantly expand the Groundworks service area throughout the state of Florida.

Alpha Crew

Founded in 2002 by Matt Shanley, Alpha Foundations is the leading foundation and crawl space repair company in Florida with six offices and more than 300 employees. For nearly two decades, the company built a strong local reputation of providing superior foundation solutions and excellent customer service to homeowners in the region. Groundworks will continue to build on that reputation by investing in their employees, marketing, and infrastructure while still providing their customers the local experience and personal touch they’ve come to expect.

“Alpha Foundations has a dominant history in Florida, and like Groundworks, has been on an aggressive growth trajectory,” said Matt Malone, Groundworks Founder and CEO. “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 Matt Shanley, Alpha Foundations Founder. “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 the 22nd acquisition for Groundworks since 2016, and the fifth this year. With this acquisition, the company now has 18 brands, with 47 offices, and approximately 4,000 employees nationwide.

As part of the acquisition agreement, Alpha Foundations will retain its brand identity and continue to serve Florida and Southern Georgia.

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About Groundworks®

Groundworks®, headquartered in Virginia Beach, VA, is the nation’s leading and fastest-growing foundation and water management solutions company. Groundworks Companies provide residential foundation and water management solutions including, foundation repair, basement waterproofing, crawl space repair and encapsulation, plumbing, gutters installation, and concrete lifting services. Since 1975, the combined companies have helped nearly 1.5 million homeowners protect and repair their most valuable asset, their home. Groundworks operates over 40 offices and has been named numerous times to the Inc. 5000 Fastest Growing Companies, Qualified Remodeler Top 500, BBB integrity award, and Best Places to Work.

For more information about Groundworks, please visit: https://www.Groundworks.com.

Media Contact:

Lindsy Hooper
Corporate Communications Director
lindsy.hooper@groundworks.com | 757.600.7284
Website: www.Groundworkscompanies.com

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They did everything they said they were going to do. Everything turned out wonderful; they met my expectations. We're very happy with the outcome.

Pamela DeLand, FL

Alpha Foundation was professional from the beginning. From their sales rep, to the actual labor crew that came in and did the work. The crew was very informative a...

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I have had many home repair jobs done over the years, by many contractors, in many locations in different states, and Alpha Foundations is the best one by far. Fir...

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I am extremely satisfied with the work done on my home. The work crews were professional, friendly and did a great job. My cement is level now and my lanai is secu...

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I chose your company after my talk with the design tech and assessment of his analysis of my problem and your solution. Also, the fact that he didn’t try to use ...

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The wealth of honesty and knowledge far exceeded my expectations. My appointment was completed successfully in a professional and timely matter. I now feel much be...

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Alpha Foundations, is the company to call if you have foundation issues at your home or office. They are very knowledgeable, courteous, and professional. They are ...

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