Groundworks, which secured a significant growth capital investment from private equity firm Cortec Group’s Cortec Group Fund VII, in January 2020, has acquired Peak Structural (Peak).
This is the tenth deal acquisition completed by Groundwork’s since Cortec’s investment.
Terms of the transaction have not been disclosed.
Founded in 2002 by Paul and Lisa Sutton, Peak serves the single-family residential market in Denver and Colorado Springs with a suite of services including foundation repair, concrete lifting, crawlspace encapsulation, basement waterproofing and other related services.