Skip to main content

Groundworks® Continues Growth in California with the Acquisition of EagleLIFT

Written by Customer Service on . Posted in Mergers And Acquisitions.

Nation’s Leading Foundation and Water Management Solutions Company Proceeds with West Coast Expansion

VIRGINIA BEACH, Va., June 24, 2024 (GLOBE NEWSWIRE) — Groundworks®, the nation’s leading foundation and water management solutions company, announces its expansion into Southern California with the acquisition of EagleLIFT in Rancho Cucamonga, CA. This marks the third Groundworks office in California in under a year, a substantial step in the growth of both residential and commercial services.

“Groundworks continues our expansion along the west coast with the addition of EagleLIFT,” said Matt Malone, founder & CEO of Groundworks. “EagleLIFT brings years of local expertise and quality service in Southern California, coupled with a strong commercial presence in both California and Nevada.”

For over 20 years, EagleLIFT has specialized in managing complex foundation, concrete and soil stabilization projects for residential homes and commercial facilities. As a certified engineering contractor, EagleLIFT performs soil-densification, fills voids that threaten the integrity of a building, and lifts and levels a structure back to grade. EagleLIFT will primarily serve homeowners throughout Southern California but will continue to provide commercial services across California, Nevada and Arizona.

“Partnering with Groundworks will deliver outstanding value to our customers, with its robust tech-forward solutions and capital resources as a growing company,” said Cliff Frazao, President of EagleLIFT. “We share a commitment to transparency, quality and excellence in customer service, as well as in our dedication to the valued experts on our team. Our employees will now have access to enriching training and career advancement opportunities – while also becoming part owners of the company!”

Since 2016, Groundworks has been disrupting the foundation solutions industry through its combination of aligning with industry-leading local brands and opening new locations – making it the first international foundation solutions company. This marks the company’s eighth acquisition this year.

For more information on Groundworks locations, services, and career opportunities, please visit www.groundworks.com.

About Groundworks
Groundworks®, headquartered in Virginia Beach, Va., is North America’s leading and fastest-growing foundation and water management solutions company. Founded in 2016, Groundworks companies provide foundation and water management solutions, including foundation repair, basement waterproofing, crawl space repair and encapsulation, plumbing, gutter installation, and concrete lifting services, as well as offer soil stabilizing solutions for residential and commercial projects. Groundworks’ combined brands have helped over one million homeowners protect and repair their most valuable asset: their homes. Groundworks operates over 68 offices across 35 states as well as in Canada. It is a seven-time recipient of Inc. 5000 Fastest Growing Companies and was named to the Inc. 2023 Best in Business list.

For more information about Groundworks, visit https://www.groundworks.com/, and connect with us on Facebook, Twitter, LinkedIn and Instagram.

Contact:
Debbie Ehrman
FINN Partners
Groundworks@FinnPartners.com

John Thornton
Chief Marketing Officer
John.thornton@groundworks.com

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Cookie Notice

We use cookies to improve your experience on our website

Information we collect about your use of Goldea Capital website

Goldea Capital website collects personal data about visitors to its website.

When someone visits our websites, we use a third party service, Google Analytics, to collect standard internet log information (such as IP address and type of browser they’re using) and details of visitor behavior patterns. We do this to allow us to keep track of the number of visitors to the various parts of the sites and understand how our website is used. We do not make any attempt to find out the identities or nature of those visiting our websites. We won’t share your information with any other organizations for marketing, market research or commercial purposes and we don’t pass on your details to other websites.

Use of cookies
Cookies are small text files that are placed on your computer or other device by websites that you visit. They are widely used to make websites work, or work more efficiently, as well as to provide information to the owners of the site.