BQ Basements & Concrete

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BQ Basements & Concrete - overview

Established

1997

Location

-, PA, US

Primary Industry

Construction

About

Based in Pennsylvania, US, and founded in 1997 by Brian Quinn, BQ Basements & Concrete operates as a foundation and basement service company. In November 2021, the firm was acquired by Groundworks, a portfolio company of Succession Capital Partners and Cortec Group, and continues to operate under its own brand identity. In 2019, BQ Basements & Concrete was awarded the Business of the Year by the Eastern Montgomery County Chamber of Commerce. BQ Basements & Concrete offers home improvement services such as foundation and crawl space repair, as well as concrete lifting, and basement waterproofing services to residential owners in Atlantic City, Camden, Dover, Philadelphia, and Southern New Jersey, Trenton, and Wilmington regions.


The company also offers a range of financing options for its home repair services. The company plans to use the capital investments to expand its operations, and its acquisition by Groundworks will benefit from the enhanced employee training and development opportunities, as well as increased sales and marketing support, new consumer technologies, and a national warranty program to improve the overall customer experience.


Current Investors

Groundworks, LLC

Primary Industry

Construction

Sub Industries

Home Repair Services, Construction

Website

www.basementsbybq.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

BQ Basements & Concrete - 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-onCompletedBQ Basements & Concrete-

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