Portfolio: Private Equity Investments

Succession specializes providing liquidity for family-owned businesses and providing unique and creative solutions necessary for the smooth transition and the continued success of your business.

Succession Capital Partners (SCP) offers a unique blend of investment and operational experience. Drawing on over 80 years of experience in alternative-asset investing and operational management, SCP offers a comprehensive suite of services rarely found in one firm. SCP exploits the inefficiencies inherit to the micro-cap asset class to deliver superior returns to our investors. The firm assists families and small-business owners in developing, protecting and harvesting their business and real estate assets in order to maximize the transition or “succession” of their wealth.


Current Investment

For over 30 years, A-1 has been serving Hampton Roads by providing residential and commercial plumbing solutions. We operate 24/7, and take great pride in our A+ BBB rating. We’re a fully licensed Class A Contractor and we provide the most competitive rates in our area. We provide emergency plumbing, water heater installation and repair, drain cleaning, toilet repair, clogged drain repair, water leak detection, leaky faucet repairs, back flow prevention, kitchen fixture installation, garbage disposal installation and repair, gas leak detection and repair, hydro water jetting, sewer line replacement, and tankless water heater repair and installation services throughout Hampton Roads.

AquaGuard Foundation Solutions

Current Investment

AquaGuard Foundation Solutions specializes in providing sensible solutions for waterproofing, foundation, and concrete support throughout greater Atlanta, Athens, and Northern Georgia.

We take tremendous pride in our 230+ expertly-trained employees who are supported by knowledgeable office staff. Each of these employees stands ready to answer all your questions, especially the technical ones. Our Certified Waterproofing & Foundation Repair Specialists perform thorough, interior, and exterior inspections of your home before customizing a plan designed to fix your home’s specific needs. Our core purpose is to provide peace of mind for our customers, our employees, and allow us the opportunity to serve you and show you “the AquaGuard difference”.

AFS Foundation & Waterproofing Specialists

Current Investment

Since 2000, AFS Foundation & Waterproofing Specialists has specialized in helping homeowners have peace of mind knowing their homes are stable and dry. They have grown from a small company operating out of a home garage in north Alabama to a company with multiple locations all over the Southeast and over 250 employees serving Alabama, Tennessee, Georgia, and Mississippi. AFS is proud to have an established reputation for high quality work and personalized service.


Current Investment

Bizwiz, a wholly-owned subdivision of Groundworks, is the leading foundation services ERP software solution. The gold standard for the industry, Bizwiz provides the best in class business intelligence and technology integration designed to power the entire organization. Specifically modeled around the unique needs of the industry, Bizwiz provides unprecedented end-to-end visibility, insights, and intelligence across web and mobile applications.   Bizwiz puts the power of support at the fingertips of every employee.


Current Investment

Complete Basement Systems is dedicated to fixing basement, foundation, crawl space, and concrete problems. Founded in 1999, the company has been serving business and residential customers of the Greater Denver area for over 20 years and has been recognized by the BBB for ethics and named a Best Places to Work company.


Current Investment

Independence Materials Group (IMG) is a subdivision of Groundworks dedicated to developing, sourcing, and manufacturing industry-leading products and materials that help differentiate Groundworks brands. With an eye to the future IMG is innovating tomorrow’s crawl space encapsulation, foundation repair, basement waterproofing and concrete lifting solutions.


Current Investment

Florida Foundation Authority is a team that has decades of hands-on experience. From repairing foundation cracks, sealing crawl spaces, fixing sagging floors, and leveling uneven concrete, their specialists can handle virtually any structural problem you have. They offer superior, proven solutions for your foundation repair, structural repair, crawl space encapsulation, dehumidification, and concrete leveling needs.

They provide on-site inspections and free estimates for all of our services. Our service area includes Orlando, Melbourne, Palm Bay, Vero Beach, Fort Pierce, Port Saint Lucie, Kissimmee, Daytona Beach, Sanford, Deltona and the surrounding areas.


Current Investment

Foundation Recovery Systems was founded in Sedalia, Missouri in 1992. The company provides foundation services to Missouri, eastern Kansas, northern Arkansas, and southern Iowa. It currently operates out of four offices in Lee’s Summit, Moberly, Springfield and St Louis, Missouri. Foundation Recovery Systems was awarded Business of the Year by the Moberly Area Chamber of Commerce in 2017 and has been the recipient of the Better Business Bureau Torch Award for superior customer service and satisfaction.


Current Investment

Foundation Repair of Western Colorado is a licensed contractor providing basement waterproofing, foundation repair, crawl space repair, and concrete lifting services. They have been performing basement waterproofing and crawl space repair in Colorado and Utah since 2005.


Current Investment

Since 2007, Foundation Systems of Michigan has been Michigan’s most trusted foundation repair contractor. We hold ourselves to a higher standard, and let our track record speak for itself. Our customers hire us knowing they’ll get the expertise necessary to solve even the most complex foundation problems, and the peace of mind knowing we stand behind all of our work. They also appreciate that we are a company that will be around for decades to come.


Current Investment

Indiana Foundation Services (IFS) is the leading foundation repair company in Indiana. They specialize in residential foundation repair, crawl space encapsulation, basement waterproofing, and concrete lifting. Over the last 20 years, Indiana Foundation Services has expanded from Indianapolis to the cover the entire state and northern Kentucky.


Current Investment

Innovative Basement Authority, formerly Innovative Basement Systems, is a licensed contractor providing basement waterproofing, foundation repair, crawl space repair, and concrete lifting services. They have been performing basement waterproofing and crawl space repair in Minnesota, Montana, and North Dakota since 2005.


Current Investment

Evergreen Basement Systems grew to become the leading basement waterproofing and foundation repair company in Southwest VA since its founding in 2005. Acquired in 2016, Evergreen Basement Systems was rebranded to integrate into the JES brand joining other VA branch offices in Virginia; Manassas, Richmond, and Virginia Beach to allow JES to cover the entire state of VA.  An additional office was opened in Roanoke in 2018.


Current Investment

Succession Capital partnered with JES Foundation Repair in May of 2016. JES is the Mid-Atlantic’s premier provider of foundation repair, crawl space moisture management, and basement waterproofing solutions with five offices serving Virginia, Maryland, Washington, D.C., and North Carolina.

JES was founded in 1993 by husband and wife team, Jesse Waltz, PE and Stella Waltz. At the time it was acquired, the Company has grown from its humble beginnings into a professional team of over 300 foundation, crawl space and basement repair experts, providing more than 40,000 engineered solutions for residential and commercial properties.

“I carefully selected an investment partner to not only continue the top line growth of JES, but a partner that had the operational expertise to further improve our efficiency and enhance our delivery for our customers. Succession Capital Partner’s hands-on commitment, and proven track record of working with families while successfully growing businesses, made them the best firm to entrust with JES’ continued evolution.”

Jesse Waltz, president and owner of JES Foundation Repair.


Current Investment

Mount Valley Foundation Services (Mount Valley) is the leading and oldest foundation repair company in South Carolina. Allen Gantt opened Mount Valley Foundation in 1986 in Columbia, SC. Over the last 30 years, Mount Valley has expanded its service area throughout South Carolina, North Carolina and Georgia.

“JES Companies is honored to partner with Allen and Beth Gantt to further enhance Mount Valley’s market leadership position in South Carolina. Mount Valley will have greater access to resources that will further our entire company’s mission to provide the highest level of solutions and services in protecting and preserving our customers’ greatest asset, their home,” Matt Malone. Succession Capital Partners acquired Mount Valley Foundation Services (Mount Valley) via its portfolio company JES Companies (JES).

“When considering an exit strategy from my business, I had two towering concerns, my employees and my former customers. Matt made it clear from the beginning that he would take care of both of them by building on my efforts of 32 years and infusing the much-needed capital to unleash the full potential of my unique brand and growing it to a level that I never thought possible. I could not be happier with my decision to work with Matt and his team to help move me to the next chapter in my life.”

– Allen Gantt, former president, Mount Valley Foundation Services Inc.


Current Investment

Since 2010, OBA has been providing Columbus, Ohio customers with the best possible solutions for each and every basement and foundation problem. They have been recognized for our outstanding service with an A+ rating from the Better Business Bureau, which we believe highlights our ability to help every customer.

OBA was also honored with the 2017 Torch Award for Ethics by the BBB. The award embodies BBB’s mission of advancing marketplace trust by honoring companies whose leaders demonstrate a high level of personal character and ensure the organization’s practices meet the highest standards of ethics and consequently generate trust. They go above and beyond to help our customers resolve challenges with their basement, foundation, and crawl space problems.


Current Investment

Mike and Gayle Rusk literally built Ohio Basement Systems from the ground up, starting with the basement. Ohio Basement Systems represents the very best in product innovation, quality, and value for every level of the home. Customer service and sales integrity are core factors in the company’s culture and are major considerations when selecting partnering businesses and new products or vendors.

With over 20 years of experience, the team at Ohio Basement Systems knows from experience that there is a right way and a wrong way to making these improvements. Their goal is to help others make the right decisions and avoid costly mistakes by providing the right solutions, the first time.


Current Investment

Founded in late 2009, Storelli is the only brand devoted exclusively to the design and manufacture of innovative protective apparel for soccer. Storelli products incorporate innovative materials never before used in soccer, including protective foams originally created for NASA, and designs that afford extreme protection and enhanced ball control.

In its short history, Storelli has already attracted interest from the biggest soccer distributors around the world, and has been praised by players for the innovative nature and look of its products.


Current Investment

Since 2003 Tar Heel Basement Systems has helped thousands of homeowners across North Carolina and Southwest Virginia with their basement, crawl space, and foundation needs. We are dedicated to improving the lives of our customers, employees and community each and every day.

We offer the highest quality products, which are time tested, professionally designed, and engineered solutions. We pride ourselves on providing professional installations, product warranties, free inspections, and unparalleled service without a lot of unnecessary “bells and whistles.”


Exited Investment

PetroChem Recovery Systems, based in Norfolk, VA, is a full service emergency response, industrial, hazardous and non-hazardous waste environmental services and remediation company. PetroChem serves the to the Mid-Atlantic region for various government agencies, large industrial, small business and residential clients.

Since 1982, PetroChem Recovery Services has provided cost-effective, timely and environmentally conscious services .PetroChem offers a comprehensive line of environmental services including: 24-hour emergency response to chemical and petroleum spills, groundwater testing and remediation, industrial cleaning for maintenance and shutdowns, vacuum truck services, recycling of waste/oil fuels/oil filters and the transportation and disposal of hazardous and non-hazardous materials.

“SCP’s understanding of the emotional challenges of selling a family-owned business combined with their depth of industry knowledge and dedication to the growth and professional development of our employees made them ideal investors for our company.”

– Becky Fenska, former owner of PetroChem


Exited Investment

Shipyard Staffing, LLC acquired the Virginia division of Capital Consultants November 1, 2014. Capital Consultants of Virginia was formed in 1982 to cover the increasing needs for personnel and tradesman in the Marine and Ship Repair industry. Over 20 years later, we are known as a top supplier of “blue collar” skilled tradesman both nationally and internationally in the shipyard/marine Industry.

Our talent ranges from unskilled labors, skilled tradesman, experienced professionals and college level management. Our dedicated staff has served our clients for many years adapting to changing cultures and economical impacts. We have the privilege to serve nationally known corporations such as General Dynamics, BAE, Huntington Ingalls Industries, and many small businesses. By getting to know our clients and their company culture we have successfully expanded our talent pool to provide “white collar” professionals through upper management.

Shipyard Staffing is certified to hold Department of Defense clearances, is V3 certified and is designated a small business by the U.S. Small Business Administration.

“We needed to address several internal succession issues, as well as, our marine staffing business needed to expand. We are thrilled to know that Succession will enable that growth for our clients and employees. Their philosophy of buying, holding onto and growing companies is truly unique in today’s market and exactly what we were hoping to find in a buyer. Our employees and customers should be excited about the future of the Company.”

Russell Landry, former owner of CCI