Midwest Foundation Repair

Name

Midwest Foundation Repair

Legal name

Thrasher Foundation Repair

Website

https://midwestfr.com

Company type

Private

Founded year

1975

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Foundation Repair & Waterproofing Services

NAICS

Foundation, Structure, and Building Exterior Contractors (2381), Poured Concrete Foundation and Structure Contractors (238110)

SIC

Services-Miscellaneous Repair Services (7600)

akta.pro primary industry

Foundation Remediation & Underpinning (Jack Piles, Resin Injection, Re-leveling) (IMAFAOAL)

akta.pro secondary industries

Foundation Crack Repair (Masonry/Concrete) (HSAGALAG), Foundation/Basement Moisture & Sump Pump Check (HSAGAOAK), Concrete Resurfacing, Overlays & Patching (HSAGALAD), Gutter Repair, Resealing & Leak Mitigation (HSAGAIAD)

Keywords

• Foundation repair
• Basement waterproofing
• Crawl space encapsulation
• Concrete leveling
• Home structural repair

Headquarters

HQ city

Des Moines

HQ country

United States

HQ region

North America

Offices10 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations

Revenue model

1. Home Repair Services: Revenue generated from providing foundation repair, concrete repair, basement waterproofing, and crawl space repair services to residential and commercial property owners. Services are delivered through on-site work at customer properties with pricing determined by job scope and property assessment.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Midwest Foundation Repair (operating under Thrasher Foundation Repair) provides residential and commercial foundation repair, basement waterproofing, crawl space encapsulation, concrete repair/leveling, and gutter drainage services. The company delivers on-site diagnostic inspections and field installation of repair systems including wall stabilization, foundation piering, sump pumps, vapor barriers, and dehumidifiers across Nebraska, Iowa, Kansas, Missouri, Colorado, and Illinois.

Differentiator

Problem solved

Functional benefit

Products and services

• Foundation Repair Foundation repair services addressing foundation soils, foundation walls, leaking foundations, and floor problems. Solutions include wall repair systems, foundation piering, and house jacks for residential and commercial property owners.
• Concrete Repair Concrete repair services including cracked concrete repair, concrete leveling, caulking, sealing, concrete coating, and Vuba Stone application for residential and commercial properties.
• Basement Waterproofing Basement waterproofing and drainage services including drain systems, sump pumps, vapor barriers, dehumidifiers, mold control, air purifiers, downspout extensions, and gutter cleaning for homeowners with wet basement or flooding issues.
• Crawl Space Repair Crawl space repair and encapsulation services including winterization, structural support jacks, dehumidifiers, thermal insulation, and vapor barriers to address moisture, structural damage, and indoor air quality issues.
• Gutter Guards & Cleaning Gutter drainage services including gutter guards, cleaning, and downspout extensions for proper water management around residential properties.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• Thrasher Foundation RepaircoreStrategic or Co-development Partner · 1 January 2020In 2020, Midwest Basement Systems became part of the Thrasher Foundation Repair family and started operating as Midwest Foundation Repair. All locations are unifying under the Thrasher Foundation Repair name. This is a corporate restructuring/integration where Midwest Foundation Repair operates as part of the Thrasher network.
• SupportworkscoreChannel Partner/ Reseller/ DistributorThrasher Foundation Repair is a member of the Supportworks dealer network. When customer inquiries are for properties outside direct service territory, leads are referred to affiliated dealers within the network. Supportworks is referenced as the network that provides basement systems and foundation repair solutions.
• Contractor NationcoreChannel Partner/ Reseller/ DistributorThrasher Foundation Repair participates in the Contractor Nation dealer network for lead referrals. Customer inquiries for properties outside direct service territory may be shared with affiliated dealers in the Contractor Nation network who service those areas.

Scale indicators3 records

Direct peers

• Acculevel: Regional foundation repair and waterproofing contractor in the Midwest offering foundation piering, basement waterproofing, and crawl space encapsulation with a comparable in-home consultation sales motion.
• JES Foundation Repair: Regional foundation repair, basement waterproofing, and crawl space encapsulation contractor serving the Mid-Atlantic and Southeast with a similar field-sales and free-inspection model.
• Olshan Foundation Solutions: Long-standing foundation repair contractor with comparable services (foundation piering, wall repair, waterproofing) operating across the South and Midwest using a similar inspect-then-sell field model.
• B-Dry System: Dealer-network basement waterproofing franchise with a long operating history; competes in many of the same Midwest markets and uses a similar free-inspection, quote-based pricing model.
• EverDry Waterproofing: Multi-state basement waterproofing and foundation repair specialist with a similar in-home sales approach, directly competing for residential tickets across overlapping Midwest geographies.

Broad incumbents

• Groundworks: Large national foundation repair and waterproofing roll-up; competes head-to-head with Midwest/Thrasher across the Midwest and Mountain West with deep digital marketing spend and proprietary products.
• Ram Jack Systems: National foundation piering manufacturer and dealer network; competes on foundation piering and structural repair with branded products and a comparable in-home inspection sales process.
• Thrasher Foundation Repair: Parent brand and umbrella network into which Midwest Foundation Repair was integrated in 2020; offers the same foundation repair, waterproofing, concrete, and crawl space services across a broader multi-state footprint.

Regional players

• Indiana Foundation Service: Regional foundation repair and waterproofing contractor serving Indiana and adjacent Midwest markets with an overlapping service portfolio and similar field-sales go-to-market motion.

Others

• Foundation Supportworks: Dealer-network partner that supplies proprietary foundation repair products and shares leads across the network; relevant as a supply-chain and lead-referral counterparty to Midwest/Thrasher.

Market position

Customer concentration

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 Midwest Foundation Repair