Groundworks, a leading foundation and water management solutions company, has announced its acquisition of EagleLIFT, a specialist in foundation, concrete, and soil stabilization projects based in Rancho Cucamonga, California. This strategic move marks Groundworks’ third office in California within a year, significantly expanding its residential and commercial services. The acquisition allows Groundworks to leverage EagleLIFT’s local expertise in Southern California and commercial presence in Nevada and Arizona. EagleLIFT will continue serving homeowners and commercial clients, with added benefits of tech-forward solutions and capital resources from Groundworks. Groundworks’ founder and CEO, Matt Malone, highlighted the company’s commitment to growth and innovation in foundation solutions, having made eight acquisitions this year alone. Groundworks operates over 68 offices across 35 states and has received multiple accolades, including being named to the Inc. 2023 Best in Business list.

Construction and Engineering, Real Estate,United States, Canada

https://www.globenewswire.com/news-release/2024/06/24/2903206/0/en/Groundworks-Continues-Growth-in-California-with-the-Acquisition-of-EagleLIFT.html