Groundworks Companies Continues to Evolve the Foundation Services Industry with Fourth Acquisition of 2019
September 30, 2019
Today, Groundworks, the nation’s largest foundation services company, announced the acquisition of Ohio Basement Systems.
Ohio Basement Systems (OBS) is the fourth acquisition of 2019 for the industry-leading company and represents the fourteenth acquisition within three years. The Groundworks’ belief that the quality of a company’s work should determine its ability to grow, has proven to be attractive for partners as they seek opportunities for their companies and employees to expand and grow. Mike Rusk, the founder of OBS, sees this partnership as the best way to create the brightest future for his employees.
Mike and Gayle Rusk founded Ohio Basement Systems in 1999. They have built an exceptional team of professionals and a reputation as a leading basement and foundation services expert in Northeast Ohio. OBS is the second Ohio-based brand to partner with Groundworks in the past few months. Collectively, Groundworks’ brands are now able to serve the entire state, providing Ohioans with the best possible quality, services, and warranties in the industry to help protect their greatest asset, their home.
Employees of OBS will now have the ability to grow within their current organization, and also the ability to seek new professional opportunities throughout the nation under the 11 brands of the Groundworks banner.
“The team that my wife and I have built over the last 20 years means a lot to us. We see these employees as our family, and they deserve the ability to grow in their careers beyond what we can currently offer. We have had a long relationship with Matt (Malone) and the Groundworks team. We see their industry-leading practices as the future of foundation services,” stated Mike Rusk. “Our OBS family members are nothing short of amazing and this partnership is for them. We are excited about what this means for everyone here.”
The team of nearly 100 employees from OBS will join the Groundworks family and the Ohio Basement Systems brand will continue to do business under that name. Rusk will join the Groundworks Advisory Board; he has a proven reputation as an accomplished businessman and his expertise will help Groundworks continue to grow.
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, Ohio Basement Systems, Tar Heel Basement Systems, Independence Materials Group, and Bizwiz Software. Since 1986, the combined companies have helped over 150,000 homeowners protect and repair their most valuable asset, their home. Groundworks operates out of twenty offices that serve Arkansas, Colorado, Florida, Georgia, Indiana, Iowa, Kansas, Maryland, Missouri, North Carolina, Ohio, South Carolina, Virginia, and West Virginia. The company has been named to the Inc. 5000 Fastest Growing Companies and Best Places to Work.
For more information about Groundworks, please visit http://www.Groundworkscompanies.com.
About Ohio Basement Systems
Mike and Gayle Rusk's Ohio Basement Systems is a licensed contractor providing basement waterproofing, foundation repair, crawl space repair, concrete lifting, and basement finishing services. They have been performing basement waterproofing and crawl space repair in Northern Ohio since 1999. Ohio Basement Systems is a member of the Better Business Bureau and Home Builders Association of Greater Cleveland. For more information please visit www.ohiobasementsystems.com
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