Groundworks Companies, LLC majority owned by KKR
current · majority/control
KKR became controlling/majority investor in March 2023.
Start 2023-03 · End not stated · Observed 2026-07-26 · R050 S049 S050
Ownership record / foundation repair
Foundation Support Specialists
Control unresolvedDocumentedAustin metro
The recorded finding
Groundworks
The available evidence does not establish the current ultimate controller. Verified operating links remain visible below.
- Reported controller / sponsor
- KKR; Cortec minority
- Interest recorded
- acquired by Groundworks and no longer treated as separate current public brand in this package
- Record date
- 2026-07-26
- Oldest observation in the displayed chain
- 2026-07-26
Ownership sources: S049 S050 S051. An observation date is not a guarantee that ownership remains unchanged today.
01 / Relationship map
Follow each connection.
Control / identityOperating / portfolioFranchise / minorityUnconfirmed / past
3 links · read sources & relationship details
Foundation Support Specialists acquired by Groundworks Companies, LLC
historical absorbed · unspecified · Observed 2026-07-26 S051
Groundworks acquired Foundation Support Specialists.
Groundworks Companies, LLC majority owned by KKR
current · majority/control · Observed 2026-07-26 S049 S050
KKR became controlling/majority investor in March 2023.
Groundworks Companies, LLC minority investment from Cortec Group
current · minority · Observed 2026-07-26 S049 S050
Cortec retained minority positions after exiting majority control.
Complete relationship ledger, including historical links
Groundworks Companies, LLC minority investment from Cortec Group
current · minority
Cortec retained minority positions after exiting majority control.
Start 2023-03 · End not stated · Observed 2026-07-26 · R051 S049 S050
Foundation Support Specialists acquired by Groundworks Companies, LLC
historical absorbed · unspecified
Groundworks acquired Foundation Support Specialists.
Start 2022-07-18 · End not stated · Observed 2026-07-26 · R052 S051
02 / Transactions & changes
How the record got here.
Announcements and legal closing dates are separate. Transactions involving a franchise system need not change the local franchisee’s ownership.
- 2023-03
closed / majority investment / recapitalization
Groundworks
Buyer: KKR
KKR is current controller; Cortec remains a minority investor.
- Announcement
- 2023-03
- Legal closing
- 2023-03
- Interest
- KKR control; Cortec retained minority
- 2022-07-18
closed / acquisition
Foundation Support Specialists
Buyer: Groundworks
Former brand treated as absorbed/rebranded rather than a separate current record.
- Announcement
- 2022-07-18
- Legal closing
- 2022-07-18
- Interest
- control
03 / Research limits
What remains open.
No company-specific question is open in this release. Exact legal entities, ownership percentages and subsequent changes may still be undisclosed.
Contribute a dated source or correction04 / Evidence ledger
3 public sources.
Source grades describe evidence quality, not ownership probabilities. Sources sharing a publisher group are not independent corroboration.
S049A / primary
KKR Makes Significant Investment in Groundworks
KKR control/significant investment; Cortec remained shareholder
S050A / primary
Cortec Groundworks Investment History
Cortec exited majority in March 2023 and retained minority positions
S051A / primary
Groundworks Acquires Foundation Support Specialists
Foundation Support Specialists acquisition