Groundworks Expands to New Mexico with WTX Foundation Repair Acquisition – Albuquerque Business First

Groundworks, a national home foundation and water management solutions company, has expanded its operations to 45 states following the acquisition of WTX Foundation Repair, a contractor based in Amarillo, Texas. The purchase extends Groundworks’ reach into West Texas and marks its entry into the New Mexico market, according to a press release from Business Wire. The acquisition of WTX Foundation Repair allows Groundworks to serve homeowners in Amarillo, Albuquerque, and surrounding areas. Groundworks provides a range of services including foundation repair, basement waterproofing, and crawl space encapsulation. This expansion represents a significant step for Groundworks, which has grown rapidly through a series of acquisitions in recent years. The company now operates in a substantial portion of the United States, offering its services to a wider customer base. The Business Journals reported the expansion to 45 states. WTX Foundation Repair’s local expertise and established presence in the region were cited as key factors in the acquisition. Groundworks intends to leverage WTX’s existing infrastructure and team to deliver its services to customers in West Texas and New Mexico. No financial details of the transaction were disclosed.