Groundworks Company Demonstrates the Strength of the Foundation Service Industry with Top 100 Ranking in Inc 5000 Regionals: DC Metro
March 18, 2021
Inc. magazine today revealed that Groundworks Companies is No. 57 on its second annual Inc. 5000 Regionals: D.C. Metro list, the most prestigious ranking of the fastest-growing Washington, D.C., area-based private companies. Born of the annual Inc. 5000 franchise, this regional list represents a unique look at the most successful companies within the D.C. area economy’s most dynamic segment—its independent small businesses.
“We are honored to receive this recognition from Inc. We have received the national honor for four consecutive years, but to receive the regional recognition is also a privilege. The DC Metro is a hyper-competitive market dominated by technology companies and government contractors,” stated Matt Malone, Founder and CEO of Groundworks. “For a home services business to rank so high on the Inc list says a lot about the special company we are building. At Groundworks, we are evolving our industry by honoring the skilled trades men and women that work every day to protect our consumers' homes. This honor is a testament to the amazing Tribe we have built here at Groundworks.”
From its inception, Groundworks has prided itself on its ability to grow the opportunities for career advancement for men and women in their family of brands. This dedication to the blue-collar worker has led to record-setting growth year after year. In just four years, Groundworks has grown to include 18 brands and over 3,000 employees. In the last year alone, the company added four leading foundation services companies in Alabama, Michigan, Georgia, and North Carolina.
Complete results of the Inc. 5000 Regionals: D.C. Metro, including company profiles and an interactive database that can be sorted by industry, metro area, and other criteria, can be found at https://www.inc.com/inc5000/regionals/washington-dc starting March 16, 2021.
“This list proves the power of companies in the Washington, D.C. area no matter the industry,” says Inc. editor in chief Scott Omelianuk. “The impressive revenues and growth rates prove the insight and diligence of CEOs and that these businesses are here to stay.”
More about Inc. and the Inc. 5000 Regionals
The 2021 Inc. 5000 Regionals are ranked according to percentage revenue growth when comparing 2017 and 2019. To qualify, companies must have been founded and generating revenue by March 31, 2017. They had to be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2019. (Since then, a number of companies on the list have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2019 is $1 million. As always, Inc. reserves the right to decline applicants for subjective reasons.
About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com
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 AFS Foundation & Waterproofing Specialists™, AquaGuard Foundation Solutions™, Complete Basement Systems®, Dry Pro Foundation & Crawlspace Specialists™, Florida Foundation Authority™, Foundation Recovery Systems™, Foundation Repair of Western Colorado™, Foundation Systems of Michigan™, Indiana Foundation Service™, Innovative Basement Authority™, JES Foundation Repair™, Mount Valley Foundation Services®, Ohio Basement Authority™, Ohio Basement Systems™, Tar Heel Basement Systems®, A-1 Sewer & Drain™, Independence Materials Group™, and Bizwiz Software™. Since 1986, the combined companies have helped nearly 1 million homeowners protect and repair their most valuable asset, their home. Groundworks operates over 35 offices that serve Alabama, Arkansas, Colorado, Florida, Georgia, Indiana, Illinois, Iowa, Kansas, Maryland, Michigan, Minnesota, Missouri, Mississippi, Montana, Nebraska, North Carolina, North Dakota, Ohio, South Carolina, Tennessee, Virginia, West Virginia, and Wisconsin. The company has been named numerous times to the Inc. 5000 Fastest Growing Companies, BBB integrity award, and Best Places to Work. For more information, visit https://www.GroundworksCompanies.com.
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