Deal Snapshot
GROUNDWORKS FOUNDATION SERVICES COMPANY ACQUIRES INNOVATIVE BASEMENT SYSTEMS
Friday 29 November 2019

Virginia, US-based foundation services company Groundworks has acquired Minnesota, US-based licensed contractor Innovative Basement Systems to expand into the Dakotas and Minnesota, the company said
Innovative represents the 15th company to join Groundworks in the last three years, and the fifth in 2019. Along with the merger, the company has unveiled a complete rebranding including a name change from Innovative Basement Systems to Innovative Basement Authority.


TKUqg0 http://www.FyLitCl7Pf7kjQdDUOLQOuaxTXbj5iNG.com
Details
Date Published: 29/11/2019
Target: Innovative Basement Systems
Country: USA
Sector: Construction/Real Estate
Type: Corporate acquisition
Financing:
Status: Closed
Vendor:
Buyer: Groundworks
Comment:
Terms of the deal were not disclosed

Options