StableDry Services Further Expands Service Offerings and Geographic Reach Through Acquisitions

StableDry Services (“StableDry”), a portfolio company of Summit Park, is pleased to announce it has recapitalized Foundation Services of Central Florida (“FSCF”) and United Structural Systems Ltd (“USS Ltd”). These acquisitions expand StableDry’s operations into attractive, adjacent geographies and add new service capabilities.

Headquartered in Ocala, FL, FSCF is a provider of sinkhole remediation, foundation repair, and seawall repair services. The company has particular expertise in chemical grouting, soil stabilization, and sea wall repair, which are new capabilities for the StableDry platform. FSCF is a trusted partner to commercial and residential clients across central Florida.

Founded in 1995, USS Ltd is a provider of foundation repair and waterproofing services serving primarily residential homeowners. The business operates out of locations in the greater Lexington, KY and Charleston, WV areas. StableDry and USS Ltd have a decades’ long relationship and the acquisition expands StableDry’s core business into new geographies.

StableDry is a family of brands providing foundation repair, crawlspace repair, basement waterproofing, and related services to residential and commercial customers throughout the Southeastern United States. FSCF and USS Ltd represent the third and fourth acquisitions since Summit Park’s original investment in February 2023.

Craig Leyers, President and CEO of StableDry, added, “We are excited to welcome FSCF and USS Ltd to the StableDry family. We look forward to partnering with their teams to build upon the strong reputations they have established in their respective regions, and we value their expertise and dedication to consistent, high-quality work on behalf of their customers.”

Stephen Stites, Principal at Summit Park, said, “These two acquisitions represent the continued successful execution of StableDry’s acquisition strategy, adding attractive new geographies and capabilities to the platform. Summit Park looks forward to continuing to support the StableDry team in building a best-in-class, super regional business with unwavering commitment to its customers and employees.”

About Summit Park

Summit Park is a Charlotte, North Carolina-based private investment firm focused on investing in lower middle market businesses. The firm strives to be the partner of choice for business owners who seek a partner to assist them in building companies of extraordinary value. We invest across a range of industries, including services, consumer, and industrial growth. Since its founding, Summit Park has made over 45 investments in the lower middle market totaling more than $2 billion in total enterprise value. The firm’s capital can be used to facilitate a change in ownership, to support expansion and growth, or to support an industry consolidation plan. For more information, visit www.summitparkllc.com.

About StableDry

StableDry Services is an organization that optimizes foundation repair and waterproofing businesses by uniting them with an experienced family of brands. StableDry presents a proven process built on the foundation of integrity, experience, and an unparalleled commitment to the customer. Headquartered in Nashville, TN, StableDry primarily serves residential homeowners in Central Tennessee, Central Florida, Kentucky, and Northern Alabama. For more information, visit www.stabledry.com.

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