Columbia-based Mount Valley Foundation Services is being acquired by JES Companies. Both privately owned businesses have been in operation for several decades and specialize in residential and commercial foundation repair, crawl space encapsulation, basement waterproofing, and concrete leveling.
Mount Valley will be added to JES’ four branch offices in Virginia and one branch office in Whiteland, Ind. JES Companies’ acquisition of Mount Valley extends JES’ service area throughout the coastal southeast from Maryland to Georgia.
“Both JES and Mount Valley share in our desire to offer customers the personalized service of a small family business combined with the high level of resources and support that only a larger company can provide,” JES P.E. and President Jesse Waltz said
JES will infuse Mount Valley with new capital and access to professional engineers on staff, fleet and technological upgrades.
In 2016, JES partnered with Succession Capital Partners, they have grown nearly 20% annually and posted over $52.5 million in gross revenue in 2016.
“By operating under the JES Companies hub, 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 to our customers,” said Matt Malone JES’ Chief Executive Officer.
Mount Valley will continue marketing under its same name and will be launching a new corporate identity program that will include a new logo, website, marketing materials, trucks, and sales support collateral over the next several months.