Tar Heel Basement Systems
Tar Heel Basement Systems is a North Carolina residential foundation repair, basement waterproofing, crawl space encapsulation, and concrete lifting company operating six owned offices and serving homeowners through direct field sales and proprietary SettleStop-branded installation products.
- Company typePrivate
- Founded2001
- HeadquartersWinston Salem, United States
- Headcount51–100
- GTM typeB2C
- OfferingServices
What Tar Heel Basement Systems does
Tar Heel Basement Systems is a North Carolina-based residential foundation repair, basement waterproofing, crawl space encapsulation, and concrete lifting company founded in 2001 and operating across six owned offices in Winston-Salem, Greensboro, Raleigh (Knightdale), Fayetteville, and Wilmington. The company serves individual homeowners experiencing structural settling, bowing walls, wet basements, damp crawl spaces, and uneven concrete, dispatching Certified Field Inspectors who conduct free on-site assessments and quote project-based solutions backed by a transferable 'Life of the Structure Warranty.'
The company's product portfolio is built around proprietary, American-manufactured brands: the SettleStop line of helical piers, push piers, wall anchors, IntelliBrace I-beams, carbon fiber reinforcement, and IntelliJack support posts (each rated up to 24,860 lbs) for foundation and wall stabilization; CrawlSeal 20-mil vapor barriers, AquaStop dehumidifiers, CrawlDrain drainage systems, and sump pumps for crawl space encapsulation; and PolyRenewal polyurethane injection for concrete lifting. Installation is performed exclusively by company-employed crews using direct field sales with no dealer or franchise channel.
Tar Heel operates as a subsidiary of Groundworks, a PE-backed (L Capital Partners) national foundation repair conglomerate recognized on the Fortune Top 500, after a 2024 merger and rebrand. Revenue is generated primarily through one-time project installations in the $4,000-$10,000 range, supplemented by recurring annual maintenance inspections and a 24-month no-interest / 10-year consumer financing program. The company holds BBB A+ accreditation and has earned Angi Super Service Awards and Top Workplaces USA recognition in both 2024 and 2025.
Tar Heel Basement Systems firmographics
Firmographics- Name
- Tar Heel Basement Systems
- Legal name
- Groundworks, LLC
- Website
- https://tarheelbasementsystems.com
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Tar Heel Basement Systems is a North Carolina residential foundation repair, basement waterproofing, crawl space encapsulation, and concrete lifting company operating six owned offices and serving homeowners through direct field sales and proprietary SettleStop-branded installation products.
- Ownership category
- akta.pro rank
Where Tar Heel Basement Systems is headquartered
LocationHeadquarters
- HQ city
- Winston Salem
- HQ country
- United States
- HQ region
- North America
Offices6 records
Markets served
Tar Heel Basement Systems business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Supply Chain
Revenue model
- Foundation and Structural Repair Services: One-time installation services for foundation repair including pier systems, wall anchors, carbon fiber reinforcement, and IntelliJacks. Revenue generated through custom project-based pricing determined during inspection.
- Crawl Space Encapsulation Services: Complete encapsulation solutions including vapor barriers, drainage systems, sump pumps, and dehumidifiers. Project-based pricing based on crawl space size and required components.
- Basement Waterproofing Services: Interior drainage, sump pump installation, dehumidification systems, and wall repair for basement waterproofing applications.
- Concrete Lifting Services: PolyRenewal concrete lifting and leveling for driveways, sidewalks, walkways, concrete steps, and patios.
- Annual Maintenance Inspections: Recurring annual inspection services for customers with installed systems, providing warranty support and system maintenance. Creates recurring service revenue.
- Financing Program Revenue: The company offers financing options including 24-month no interest/no payment plans and 10-year financing. This creates secondary revenue through interest-bearing financing arrangements.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Foundation Pier Installation |
| Unit Pricing | Pay-as-you-go | Concrete Leveling/Slab Jacking |
| One time/ perpetual license | Pay-as-you-go | Sealing/Subfloor Drainage Systems |
| Other | Multi-year contract | Complete Foundation Repair |
| Other | Multi-year contract | Crawl Space Encapsulation |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels8 records
Tar Heel Basement Systems product offering
Product offeringCore offering
Tar Heel Basement Systems provides foundation repair, basement waterproofing, crawl space repair and encapsulation, and concrete lifting services to residential customers in North Carolina. The company operates as a regional installer of proprietary structural and moisture-control solutions under the Groundworks parent brand.
Product overview
Tar Heel Basement Systems is a foundation repair, basement waterproofing, crawl space repair & encapsulation, and concrete lifting company serving North Carolina. The company offers a portfolio of proprietary products under the SettleStop™ brand for foundation stabilization (helical piers, push piers, wall anchors, IntelliBrace™ I-beams, carbon fiber reinforcement, IntelliJack™ crawl space supports) and specialized crawl space solutions (CrawlSeal™ vapor barrier, AquaStop™ dehumidifier, CrawlDrain™ drainage system, sump pumps). Additional offerings include PolyRenewal™ concrete lifting and the Aquastop gutter system. All products are patented, American-made solutions backed by lifetime warranties, designed to repair, stabilize, and support residential and commercial building foundations and structures.
Differentiator
Problem solved
Functional benefit
Brands
- Groundworks: Parent company brand under which Tar Heel Basement Systems now operates
Products and services
- Foundation Repair
- Basement Waterproofing
- Crawl Space Repair and Encapsulation
- Concrete Lifting
Quantifiable outcome
- Up to 50% of air on first floor comes from crawl space
- +2 more outcomes
Companies that use Tar Heel Basement Systems
Customer profileNamed customers1 record
Segments4 records
Ideal customer profiles1 record
Tar Heel Basement Systems technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature10 records
Tar Heel Basement Systems partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- GroundworksflagshipTar Heel Basement Systems is now a Groundworks company. The merger brings additional resources, national brand recognition, and operational support while maintaining local service delivery. Groundworks is a portfolio company of PE firm L Capital Partners. Parent company Groundworks has been recognized on the Fortune Top 500 list.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
Tar Heel Basement Systems competitors and assessment
Company assessmentDirect peers
- JES Foundation Repair: JES Foundation Repair is a regional foundation repair, basement waterproofing, and crawl space encapsulation company serving Virginia, Maryland, and surrounding Mid-Atlantic states. It is directly comparable to Tar Heel Basement Systems in service mix, proprietary product use, and direct-to-homeowner sales motion.
- Acculevel Foundation Repair: Acculevel is a foundation repair and basement waterproofing company serving Indiana and surrounding Midwest states. It uses a comparable direct field-sales inspection model and offers similar foundation piering, wall repair, and waterproofing services to Tar Heel Basement Systems.
- Mount Valley Foundation Services: Mount Valley Foundation Services is an A Groundworks Company that provides foundation repair, basement waterproofing, and crawl space encapsulation in the Carolinas and Southeast. It is a sister operator under the same parent brand with overlapping service offering and customer base.
- B-Dry Waterproofing: B-Dry is a basement waterproofing franchise network serving multiple US regions with interior drainage and waterproofing solutions. It directly overlaps with Tar Heel Basement Systems' basement waterproofing service line and homeowner sales motion.
- Everdry Waterproofing: Everdry Waterproofing is a national basement waterproofing company operating through regional offices with a direct-to-homeowner sales model. It is comparable to Tar Heel Basement Systems in basement waterproofing focus and field inspection sales process.
Broad incumbents
- Olshan Foundation Solutions: Olshan is one of the oldest and largest foundation repair companies in the US, offering foundation repair, crawl space, and waterproofing services across multiple states. It is a broad incumbent competitor with a wider geographic footprint than Tar Heel Basement Systems.
- Ram Jack Systems: Ram Jack is a national foundation repair company and manufacturer of steel pier systems, operating through a dealer and franchise network. It is comparable to Tar Heel Basement Systems in core foundation repair offering but with a manufacturing-plus-distribution business model.
- Groundworks: Groundworks is the parent company of Tar Heel Basement Systems and the largest US foundation repair conglomerate, operating multiple regional brands across the country. While not a direct competitor, it is the broader portfolio entity that owns the subject company.
- Foundation Supportworks (Supportworks): Supportworks is a manufacturer and dealer network providing foundation repair and concrete lifting products and training to a network of authorized contractors. It supplies comparable proprietary products to those used by Tar Heel Basement Systems through an installer-channel model.
Emerging players
- Crawl Space Ninja: Crawl Space Ninja is a regional crawl space encapsulation and repair company in the Southeast with a strong digital marketing and direct-sales model. It overlaps with Tar Heel Basement Systems' crawl space service line and represents an emerging competitor in the same geography.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Tar Heel Basement Systems social profiles
Digital presenceTar Heel Basement Systems compliance and trust
Trust signalCompliance1 record
Tar Heel Basement Systems financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tar Heel Basement Systems leadership team
Management profileNumber of profiles
Tar Heel Basement Systems funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tar Heel Basement Systems M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Tar Heel Basement Systems
What does Tar Heel Basement Systems do?
Tar Heel Basement Systems provides foundation repair, basement waterproofing, crawl space repair and encapsulation, and concrete lifting services to residential customers in North Carolina. The company operates as a regional installer of proprietary structural and moisture-control solutions under the Groundworks parent brand.
Is Tar Heel Basement Systems a public or private company?
Tar Heel Basement Systems is a private company. It is classified as corporate owned and is currently operating.
When was Tar Heel Basement Systems founded?
Tar Heel Basement Systems was founded in 2001. It employs 51 to 100 people.
Where is Tar Heel Basement Systems based?
Tar Heel Basement Systems is headquartered in Winston Salem, United States, in the North America region.
How does Tar Heel Basement Systems make money?
Six revenue lines are on record. Foundation and Structural Repair Services are the primary driver. The others are crawl Space Encapsulation Services, basement Waterproofing Services, concrete Lifting Services, annual Maintenance Inspections and financing Program Revenue.
Who are Tar Heel Basement Systems's main competitors?
Direct peers on record are JES Foundation Repair, Acculevel Foundation Repair, Mount Valley Foundation Services, B-Dry Waterproofing and Everdry Waterproofing. Broad incumbents are Olshan Foundation Solutions, Ram Jack Systems, Groundworks and Foundation Supportworks (Supportworks). Crawl Space Ninja is listed as an emerging player.
Does Tar Heel Basement Systems have an API?
No public API is recorded for Tar Heel Basement Systems.