Tar Heel Basement Systems

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.

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

Headquarters

HQ city

Winston Salem

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Supply Chain

Revenue model

1. 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.
2. 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.
3. Basement Waterproofing Services: Interior drainage, sump pump installation, dehumidification systems, and wall repair for basement waterproofing applications.
4. Concrete Lifting Services: PolyRenewal concrete lifting and leveling for driveways, sidewalks, walkways, concrete steps, and patios.
5. Annual Maintenance Inspections: Recurring annual inspection services for customers with installed systems, providing warranty support and system maintenance. Creates recurring service revenue.
6. 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

Go-to-market motion1 record

Distribution channels3 records

Marketing channels8 records

Core 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

Named customers1 record

Segments4 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature10 records

Partnerships

One partnership is on record.

• GroundworksflagshipOthersTar 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

Direct 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

• Xx.com/trheelbasements
• Facebookfacebook.com/Tar-Heel-Basement-Systems-322188852045
• Instagraminstagram.com/tarheelbasements/?hl=en
• LinkedInlinkedin.com/company/tarheel-basement-systems-llc

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tar Heel Basement Systems