Groundworks, LLC

Groundworks is North America's largest and fastest-growing foundation and water management solutions company, headquartered in Virginia Beach, Virginia. Founded in 2016 by Matt Malone, the company's core mission is to protect and improve American homes by providing comprehensive solutions for structural issues.

Specializing in residential foundation repair, basement waterproofing, crawl space repair and encapsulation, and concrete lifting and leveling, Groundworks offers a range of services designed to address common home structural and water management challenges. The company operates through a vertically integrated model, utilizing its own manufacturing operations and a network of local and regional brands across 41 states and Canada.

Groundworks is a privately held company, majority-owned by affiliates of KKR, with additional investment from Cortec Group and management. Recent developments include strategic expansions into new markets, such as Liberty Lake, Washington, in October 2026, and acquisitions like WTX Foundation Repair in February 2026 and Clarke Basement Systems in Toronto in July 2024. The company has also been recognized with a 2026 Stevie® Award for Achievement in Growth and the Top Workplaces USA Award for the fourth consecutive year in 2026, underscoring its rapid expansion and commitment to workplace culture. Matt Malone serves as Founder and CEO, with Michael Mullican as President and CFO, and Jeffrey Martin as COO.