Groundworks® Expands into Commercial Polyurethane Market with URETEK South Acquisition

VIRGINIA BEACH, Va. — Groundworks®, a preeminent player in foundation and water management solutions, has announced a strategic move into the commercial poly market through the acquisition of URETEK South. The transaction signifies the company's commitment to growth and service diversification, extending its reach within the foundation solutions sector.

A Strategic Expansion

The inclusion of URETEK South into Groundworks® portfolio represents a deliberate step toward consolidating the market and enhancing the range of services offered to customers. URETEK South has built a reputation for employing innovative polyurethane solutions for soil stabilization and infrastructure repair, a niche that complements Groundworks®’s existing residential and commercial offerings.

Enhancing Market Synergy

The acquisition promises to deliver significant synergies, with Groundworks® leveraging URETEK South’s technical expertise and established market presence. This move is aimed at enhancing Groundworks®’s capabilities in addressing complex infrastructure challenges, reinforcing its position as a nationwide leader in foundational solutions.

Future Prospects

With this acquisition, Groundworks® is set to embark on a journey toward expanded service domains and accelerated growth. The integrated operations will offer both residential and commercial customers a more robust suite of solutions backed by Groundworks®’s commitment to excellence and URETEK South’s specialized proficiency. The development is widely seen as a positive step for stakeholders, including investors tracking the company's progress through various financial metrics and stock performance indicators EXAMPLE.

acquisition, expansion, infrastructure