U.S. WATERPROOFING STRENGTHENS SOUTHEAST PRESENCE VIA PARTNERSHIP WITH CAROLINA FOUNDATION SOLUTIONS
–News Direct–
U.S. Waterproofing, a leader in residential foundation repair and waterproofing services, today announced the acquisition of Carolina Foundation Solutions (CFS), a premier provider of foundation repair and crawl space encapsulation solutions throughout North and South Carolina. This strategic move marks the fourth acquisition for U.S. Waterproofing since partnering with Rotunda Capital Partners in November 2022, and positions the company to continue its strategy of acquiring additional complementary businesses throughout the U.S.
Headquartered in Burlington, North Carolina, CFS serves customers throughout the Carolinas with a comprehensive suite of foundation repair, waterproofing, and crawl space encapsulation services. With a strong reputation for quality workmanship and exceptional customer service, CFS has steadily grown its presence in the region, establishing itself as a trusted partner for homeowners facing foundation issues.
Partnering with CFS presents a significant opportunity for U.S. Waterproofing to strengthen its geographic reach and service offerings in the Mid-Atlantic and Southeast regions and is complementary to its recent acquisitions of Crawl Space Brothers and Engineered Systems of Georgia. U.S. Waterproofing's proven track record of operational excellence and marketing expertise will be combined with CFS's local market knowledge and strong technical expertise to create an even more compelling value proposition for homeowners.
"We are thrilled to welcome the Carolina Foundation Solutions team to the U.S. Waterproofing family," said Matt Stock, CEO of U.S. Waterproofing. "CFS shares our commitment to providing exceptional customer service and delivering lasting solutions for homeowners facing foundation problems. Their expertise in the Carolinas, combined with our national resources and infrastructure, will enable us to significantly expand our reach and better serve homeowners throughout the region."
"Joining forces with U.S. Waterproofing is a natural next step for Carolina Foundation Solutions," said Chris Miller, President of CFS. "We admire U.S. Waterproofing's dedication to quality and customer service and are confident that this partnership will allow us to provide even greater value to our customers. We are excited to leverage U.S. Waterproofing's resources and expertise to accelerate our growth and further solidify our position as the leading provider of foundation solutions in the Carolinas."
The acquisition of CFS is a testament to U.S. Waterproofing's continued commitment to strategic growth and its dedication to providing best-in-class foundation repair, crawl space encapsulation, and basement waterproofing services to homeowners nationwide. With a strong foundation in place and a clear vision for the future, U.S. Waterproofing is poised to continue its leadership position in the industry for years to come.
About U.S. Waterproofing
Founded in 1957, U.S. Waterproofing is a leading provider of basement waterproofing and foundation repair services, improving the value, health, and longevity of homes. The Company has helped more than 500,000 customers enjoy a dry and stable foundation throughout Illinois, Wisconsin, Indiana, Maryland, North Carolina, South Carolina, Tennessee, Virginia, Michigan, Georgia, and Washington, D.C. Fueled by their market leading reputation, U.S. Waterproofings services also include crawl space encapsulation, concrete raising, sump pump installation, window well solutions, gutter services, and humidity control. U.S. Waterproofing is A+ rated by the Better Business Bureau. For more information, visit www.uswaterproofing.com.
U.S. Waterproofing is seeking to partner with other basement waterproofing, foundation repair, crawl space encapsulation and related service providers and is interested in acquisition opportunities presented by business owners, management, or M&A intermediaries. Please contact Margaux G Valle, mv@rotundacapital.com, Head of Business Development at Rotunda Capital Partners for more information.
About Carolina Foundation Solutions
Carolina Foundation Solutions (CFS) has been a beacon of stability for over two decades and serves the Charlotte, triangle, triad, upstate, Asheville and coastal regions of the Carolinas. They proudly stand as the Carolinas' premier provider of foundation repair, crawl space encapsulation, and waterproofing services, dedicated to safeguarding the comfort and value of your home.At their core lies an unwavering commitment to exceptional customer service. Their team of experienced and certified technicians is not just equipped with cutting-edge knowledge and techniques they also understand the anxieties that foundation issues can stir. This empathy shines through in their clear communication, transparent pricing, and unwavering dedication to a stress-free experience for every customer. For more information, visit their website at www.carolinafoundationsolutions.com.
About Rotunda Capital Partners
Rotunda Capital Partners is an operationally oriented private equity firm focused on transforming family-founder owned companies into dynamic, data-driven platforms able to achieve and manage significant growth. Since its founding in 2009, Rotunda has partnered with management teams to build great businesses within three primary sectors: value-added distribution, asset-light logistics and industrial, residential & business services. Rotunda strives to achieve replicable results by implementing its Rotunda Performance System to create strategic alignment, develop lean processes and create robust, data-driven infrastructures. For more information, visit www.rotundacapital.com.
Additional Partnerships
Engineered Solutions of Georgia – https://www.esogrepair.com/
Foundation Solutions 360 – https://foundationsolutions360.com/
Crawl Space Brothers – https://crawlspacebrothers.com/
Contact Details
Margaux Valle
+1 240-962-1707
Company Website
https://www.rotundacapital.com
View source version on newsdirect.com: https://newsdirect.com/news/u-s-waterproofing-strengthens-southeast-presence-via-partnership-with-carolina-foundation-solutions-936892764
Rotunda Capital Partners LLC
COMTEX_446068801/2655/2024-01-09T09:47:58
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