Florida Foundation Authority LLC

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Florida Foundation Authority LLC - overview

Established

2018

Location

-, FL, US

Primary Industry

Construction

About

Based in Florida, US, and founded in 2018 by Doug Secrest, Florida Foundation Authority LLC is a subsidiary of Groundworks LLC and operates as a provider of crawl space and foundation repair, concrete leveling, and exterior waterproofing services for residential properties across Daytona, Melbourne, Orlando, and surrounding areas. In July 2019, Groundworks Companies, a portfolio company of Succession Capital Partners, acquired the company. And in 2022, Florida Foundation Authority merged with Alpha Foundations, a Groundworks Companies company to operate under the Alpha Foundations brand. Florida Foundation Authority provides structural repair, crawl space encapsulation, dehumidification, concrete lifting, and exterior drainage services for customers in Greater Orlando, and Eastern Florida.


The exterior drainage services provided by the company include below-floor drain, French drain systems, grated drainpipe, and gutter downspouts. Additionally, the firm offers annual maintenance of foundation repair and basement waterproofing systems.


Current Investors

Groundworks, LLC

Primary Industry

Construction

Sub Industries

Facilities & Maintenance Services, Home Repair Services, Construction

Website

www.floridafoundationauthority.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Florida Foundation Authority LLC - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedFlorida Foundation Authority LLC-

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