Groundworks Companies Continues to Evolve the Foundation Services Industry with Fourth Acquisition of 2019

Groundworks Companies Continues to Evolve the Foundation Services Industry with Fourth Acquisition of 2019
Nation’s Leading Foundation Services Company Extends Reach in Ohio with Acquisition of Cleveland Based Ohio Basement Systems

Today, Groundworks, the nation’s largest foundation services company, announced the acquisition of Ohio Basement Systems.

Ohio Basement Systems (OBS) is the fourth acquisition of 2019 for the industry-leading company and represents the fourteenth acquisition within three years. The Groundworks’ belief that the quality of a company’s work should determine its ability to grow, has proven to be attractive for partners as they seek opportunities for their companies and employees to expand and grow. Mike Rusk, the founder of OBS, sees this partnership as the best way to create the brightest future for his employees.

“We are thrilled to have the OBS team join the Groundworks tribe. Having known Mike for years, I know he and his team share our customer-first mindset coupled with the strong belief that it’s time for many of the arcane industry practices to evolve,” said Matt Malone, CEO of Groundworks. “We only look to partner with the best foundation services brands in the country and we are committed to providing these brands the resources and support needed to further enhance their growth. The future is now for Ohio Basements Systems and we look forward to their growth beyond Northeast Ohio.”

Mike and Gayle Rusk founded Ohio Basement Systems in 1999. They have built an exceptional team of professionals and a reputation as a leading basement and foundation services expert in Northeast Ohio. OBS is the second Ohio-based brand to partner with Groundworks in the past few months. Collectively, Groundworks’ brands are now able to serve the entire state, providing Ohioans with the best possible quality, services, and warranties in the industry to help protect their greatest asset, their home.

Employees of OBS will now have the ability to grow within their current organization, and also the ability to seek new professional opportunities throughout the nation under the 11 brands of the Groundworks banner.

“The team that my wife and I have built over the last 20 years means a lot to us. We see these employees as our family, and they deserve the ability to grow in their careers beyond what we can currently offer. We have had a long relationship with Matt (Malone) and the Groundworks team. We see their industry-leading practices as the future of foundation services,” stated Mike Rusk. “Our OBS family members are nothing short of amazing and this partnership is for them. We are excited about what this means for everyone here.”

The team of nearly 100 employees from OBS will join the Groundworks family and the Ohio Basement Systems brand will continue to do business under that name. Rusk will join the Groundworks Advisory Board; he has a proven reputation as an accomplished businessman and his expertise will help Groundworks continue to grow.

 

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