For the 3rd Year, Groundworks Appears on the Inc. 5000, Ranking No. 2227 With Three-Year Revenue Growth of 181 Percent
August 14, 2019
Inc. magazine today revealed that Groundworks is No. 2227 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Microsoft, Dell, Domino’s Pizza, Pandora, Timberland, LinkedIn, Yelp, Zillow, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.
“It is an honor to earn this recognition for the third consecutive year, and to be included among many powerhouse companies,” said Matt Malone, CEO, Groundworks. “Our vision at Groundworks has always been simple. Acquire and partner with the best foundation services’ consumer brands in the United States. We then provide those brands the freedom to expand their geographic footprint, while also offering their team the ability to grow and develop like never before.”
Groundworks expects their success to continue as they grow across the United States. This year alone, they have expanded with the acquisition of industry leading companies in Colorado, Florida and Ohio. The company has seen additional organic growth by opening new branches to fulfill expectations of expansion set when each acquired brand joins the nation’s largest privately-owned foundation services company.
Groundworks is the nation’s largest privately held foundation services company. Headquartered in Virginia Beach, VA, the company provides foundation repair, basement waterproofing, crawl space repair and encapsulation, and concrete lifting. Groundworks is comprised of Complete Basement Systems, Florida Foundation Authority, Foundation Recovery Systems, Indiana Foundation Service, JES Foundation Repair, Mount Valley Foundation Services, Ohio Basement Authority, Tar Heel Basement Systems, Independence Materials Group, and Bizwiz Software. Since 1986, the combined companies have helped more than 150,000 homeowners repair, protect and improve their most valuable asset, their home. Groundworks operates out of 18 offices that serve Arkansas, Colorado, Florida, Georgia, Indiana, Iowa, Kansas, Maryland, Missouri, North Carolina, Ohio, South Carolina, Virginia, and West Virginia. For more information about Groundworks, please visit: https://www.Groundworkscompanies.com.
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Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Inc. took home the National Magazine Award for General Excellence in both 2014 and 2012. The total monthly audience reach for the brand has been growing significantly, from 2,000,000 in 2010 to more than 20,000,000 today. For more information, visit www.inc.com.
The Inc. 5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates the remarkable achievements of these companies. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
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