Groundworks Companies Acquires Independence Materials Group and KBH Management Software
Groundworks Companies, the nation’s largest privately held foundation services company, announced the acquisition of both Independence Materials Group and KBH Management Software to facilitate its objective of building the first national foundation services company. Since 2010, KBH’s software, Biz Wiz, has been the nation’s leading workflow software for home service and foundation repair companies. The software is a unique cloud based, ERP, CRM and business intelligence workflow solution that automates leads, sales, installation, service and accounting.
Independence Materials Group (“IMG”) based in Columbia, S.C., is a manufacturer and distributor of specialty, patented products for the foundation repair, basement waterproofing and crawl space encapsulation industries.
“These two acquisitions allow our company to not only vertically integrate but to also insulate our business from any dependency on outside forces that could interfere with our mission to protect, preserve and repair our customer’s greatest asset: their home,” said Matt Malone, CEO of Groundworks Companies. “Groundworks is now the only foundation services business in the country with its own manufacturing and world class software solution. These investments allow Groundworks to focus solely on serving our customers’ and make us unique in the Home Services sector.”