Private-equity firm Succession Capital Partners (SCP) announced Monday that its portfolio company, JES Companies, has purchased Mount Valley Foundation Services of Columbia, S.C.
JES is one of the largest providers of foundation repair, crawl space moisture management and basement waterproofing in the mid-Atlantic. The company has seven offices serving customers in Virginia, Maryland, Washington, D.C., North Carolina, South Carolina, Georgia and Indiana.
Jesse Waltz, president of JES, co-founded JES Foundation Repair with his wife Stella in 1993. Waltz expanded the business throughout Maryland, Washington, D.C., Virginia, North Carolina and Indiana during the last 23 years. It is headquartered in Virginia Beach In 2016, JES partnered with Succession Capital Partners and brought on Matt Malone, Succession’s managing partner as CEO.
