Groundworks operated by Groundworks Companies, LLC
Current connection · Stake size not disclosed
Austin service is delivered by the Groundworks platform.
From unknown · End date not given · Checked 2026-07-26 · Link R049 S048 S049
Business ownership connections
1 active business and 1 former business connect to Groundworks Companies, LLC in this directory. Some links describe franchises or minority investments, so a connection doesn’t always mean control.
1 acquisition or change listed for this business in the downloadable data.
Current connection · Stake size not disclosed
Austin service is delivered by the Groundworks platform.
From unknown · End date not given · Checked 2026-07-26 · Link R049 S048 S049
Current connection · investment affiliation; current control and majority stake not confirmed
KKR investment affiliation is supported. The retrieved issuer announcement says significant investment; no majority stake is assumed. Cortec separately reports minority holdings.
From 2023-03 · End date not given · Checked 2026-10-23 · Link R050 AC-S010 AC-S011 AC-S012
Current connection · Minority stake
Cortec retained minority positions after exiting majority control.
From 2023-03 · End date not given · Checked 2026-07-26 · Link R051 S049 S050
Past business, now part of another · Stake size not disclosed
Groundworks acquired Foundation Support Specialists.
From 2022-07-18 · End date not given · Checked 2026-07-26 · Link R052 S051
Each business below links to this owner or group. Franchise, minority investment, and past connections are labeled.
TX / foundation repair · waterproofing
Groundworks Companies, LLC
Current operating or investment connection
TX / foundation repair / Historical
Groundworks
Past or unconfirmed ownership or business-name connection
Current Austin service from San Antonio-area office
KKR significant investment; Cortec remained shareholder; current control not confirmed
Cortec exited majority in March 2023 and retained minority positions
Company announces significant KKR investment, expected Q1 close, with Cortec retaining investment.
Press release date February 2; URL February 3. Significant is not an explicit numeric majority, and this release alone is not closing evidence.
Current sponsor case study says Cortec exited its majority in March 2023 and Funds VII and VIII each retain a minority investment.
A current minority link to Groundworks cannot establish common Cortec control with Goettl.
Current KKR biography lists Groundworks and Neighborly board service.
Ongoing affiliation only; board service does not prove percentage, majority or identical controllers of all franchises.
Foundation Support Specialists acquisition