U.S. Waterproofing Continues to Expand Geographic Footprint in the Southeast via Partnership with Engineered Solutions of Georgia Acquisition positions U.S. Waterproofing for continued national growth
BETHESDA, Md. and EVANSTON, Ill.
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December 14, 2023 05:08 PM Eastern Standard Time
U.S. Waterproofing, a Rotunda Capital Partners portfolio company, has acquired Engineered Solutions of Georgia (“ESOG”), one of the Southeast’s premier providers of residential foundation repair, basement waterproofing and crawl space encapsulation services. ESOG marks the third acquisition completed by U.S. Waterproofing since partnering with Rotunda in November 2022.
Headquartered in Smyrna, Georgia and operating in the greater Atlanta area, ESOG further enhances U.S. Waterproofing’s market position in the Southeast U.S., expanding its comprehensive foundation solution offerings into Georgia. Through years of providing quality foundation repair, engineering and waterproofing solutions, ESOG has organically grown their service area and will continue to pursue new markets and offer incremental solutions in partnership with U.S. Waterproofing.
U.S. Waterproofing’s best-in-class marketing, sales training, and installation expertise will further strengthen ESOGs’ value-proposition and service capabilities, including expansion into gutter services, while ESOG’s engineering and technical expertise will bolster U.S. Waterproofing’s foundation repair capabilities through the Southeast region. U.S. Waterproofing plans to pursue additional complementary acquisitions throughout the U.S.
ESOG was founded by Jay Eastland and Luis Cuevas, who will continue overseeing ESOG going forward.
“We are excited to partner with Jay, Luis, and the entire ESOG team,” said U.S. Waterproofing CEO Matt Stock. “Our shared cultural values and strategic vision will allow us to further penetrate the Southeast market as the preeminent waterproofing and foundation repair company. We are excited to leverage U.S. Waterproofing’s substantial infrastructure and marketing expertise to accelerate the growth that has made ESOG so successful. The acquisition of ESOG further demonstrates our ability to scale nationally while providing best-in-class solutions for our customers.”
“Partnering with U.S. Waterproofing is an opportunity for our talented team to leverage national resources while expanding on our ability to best support customers throughout the Georgia market. Our shared dedication to employees and customers is what makes this partnership so exciting,” said Jay Eastland of ESOG. “The entire ESOG team looks forward to collaborating with U.S. Waterproofing to build one of the largest residential services platforms in the U.S.”
About U.S. Waterproofing
Founded in 1957, U.S. Waterproofing is a leading provider of basement waterproofing and foundation repair services, improving the value, health, and longevity of homes. The Company has helped more than 500,000 customers enjoy a dry and stable foundation throughout Illinois, Wisconsin, Indiana, Maryland, North Carolina, South Carolina, Tennessee, Virginia, Michigan, and Washington, D.C. Fueled by their market leading reputation, U.S. Waterproofing’s services include crawl space encapsulation, concrete raising, sump pump installation, window well solutions, gutter services and humidity control. U.S. Waterproofing is A+ rated by the Better Business Bureau. For more information, visit www.uswaterproofing.com .
U.S. Waterproofing is seeking to acquire other basement waterproofing and foundation repair service providers and is interested in acquisition opportunities presented by business owners, management, or M&A intermediaries. Please contact Margaux G Valle, mv@rotundacapital.com, Head of Business Development at Rotunda Capital Partners for more information.
About ESOG
Headquartered in Smyrna, GA, ESOG is a leading residential foundation repair, basement waterproofing and crawl space encapsulation services company that operates throughout Georgia. ESOG wins on high-quality customer service and a comprehensive service offering. For more information, visit https://www.esogrepair.com.
About Rotunda Capital Partners
Rotunda Capital Partners is an operationally oriented private equity firm focused on transforming family-founder owned companies into dynamic, data-driven platforms able to achieve and manage significant growth. Since its founding in 2009, Rotunda has partnered with management teams to build great businesses within three primary sectors: value-added distribution, asset-light logistics and industrial, residential & business services. Rotunda strives to achieve replicable results by implementing its Rotunda Performance System to create strategic alignment, develop lean processes and create robust, data-driven infrastructures. For more information, visit www.rotundacapital.com.
Contact Details
Rotunda Capital Partners
Margaux G Valle
+1 240-962-1707
Company Website
