MVA Investment Team engaged in Groundworks and KKR transaction
Moore & Van Allen (MVA) represented an investor and executive during the recent transaction of Groundworks, LLC , a leading foundation repair and water management services company, and KKR, a leading global investment firm, in which KKR made a significant investment in Groundworks as part of a new strategic partnership. The transaction was highlighted in M&A Weekly on February 2nd.
MVA Investment Team co-head Ryan Smith, Paul Peralta, Brian Mesibov, Beth Grimes, Laura Gray, and Katie McConnell worked on this transaction, and these team members and others represent Groundworks in a variety of matters.
Groundworks founder and CEO Matt Malone commented, “The strategic partnership enables Groundworks to further invest in our predominantly blue-collar workforce with equity-sharing programs that will allow every colleague to participate in the success they help to create.”
Groundworks 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, gutter installation, and concrete lifting services. Groundworks' combined brands have helped over one million homeowners protect and repair their most valuable asset, their home. Groundworks operates over 50 offices and has been named for six years in a row to the Inc. 5000 Fastest Growing Companies, Qualified Remodeler Top 500, BBB integrity award, and Best Places to Work. For more information about Groundworks, visit www.Groundworks.com.
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