JES Foundation Repair

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JES Foundation Repair - overview

Established

1993

Location

Virginia Beach, VA-Virginia, US

Primary Industry

Construction

About

JES Foundation Repair provides expert solutions for foundation stabilization, waterproofing, and related home repair services, ensuring structural integrity and safety for residential properties across multiple states. Founded in 1993 and headquartered in Virginia Beach, US, JES Foundation Repair specializes in foundation repair services. The company was acquired by Succession Capital Partners in May 2016, although financial terms were not disclosed. Jeffry Mackingsley serves as the CEO of the company, which represents a singular deal in its investment history.


JES Foundation Repair focuses on foundation stabilization, basement waterproofing, crawl space repair, and concrete lifting. Their services include crawl space encapsulation and waterproofing installations to address issues like cracked foundations and water intrusion, catering to homeowners and property managers in Virginia, Maryland, Washington, D. C. , and parts of Northeast North Carolina and West Virginia.


JES Foundation Repair operates on a direct-to-consumer revenue model, with clients initiating contact for free inspections that lead to tailored estimates. The pricing varies based on the complexity of the required repairs, emphasizing a service-first approach that drives repeat business and referrals through their key offerings such as crawl space encapsulation and structural repairs. Looking ahead, JES Foundation Repair aims to enhance its service portfolio with new product offerings. While specific details on upcoming products have not been disclosed, the company plans to expand into additional geographic regions to better serve a wider client base.


Recent funding from the acquisition in May 2016 will facilitate these initiatives to strengthen its market presence.


Current Investors

Succession Capital Partners

Primary Industry

Construction

Sub Industries

Construction

Website

www.jeswork.com

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

JES Foundation Repair - 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)
BuyoutCompletedJES Foundation Repair-

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