Structured Foundation Repairs, a leader in the foundation repair industry for over 20 years, has sold the company to an Employee Stock Ownership Plan (ESOP) as it begins the next chapter of growth. Throughout the formation process, the company was advised by Lazear Capital Partners.
Founded in 2003 by Tom Kidd, Structured Foundation Repairs has become the most trusted foundation repair company in the Dallas/Fort Worth area, offering innovative solutions and exceptional customer service to homeowners and businesses in need of foundation repair and stabilization.
Led by President and Founder Tom Kidd, the company’s dedication to high-quality work and employee engagement contributed to its rapid growth since inception. The company was also named to the prestigious "Aggie 100" award twice, an accolade given to the 100 fastest-growing companies in the world owned or operated by Texas A&M alumni.
The Company's continued success and growth are a testament to its hardworking team and reflected in its reputation as a top-rated company, including top ratings by the Better Business Bureau (BBB), Google, Angi and others, further highlighting their success and strong business practices.
Beyond the public accolades, Structured Foundation Repairs is known for its commitment to customer satisfaction. With a long history of delivering high quality service to clients, the transition to Employee Ownership by way of an ESOP became the most logical path to cement these core values for decades to come.
President and Founder, Tom Kidd elaborated on the decision saying, "We have a unique culture here that all the employees have bought into that truly makes this a special place. Transitioning to an employee-owned company was the best way to ensure that continued."
The transition to an ESOP is expected to be seamless for Structured Foundation Repairs and its customers. The company will continue operations as usual, with no changes to its products, services, or leadership team.
Tom went on to say, "Our employees have always provided our customers with an industry leading level of service. I can’t even imagine the level of service our customers will now receive when every employee they deal with is an actual owner of the company. It is going to be pretty amazing."
About Structured Foundation Repairs
Structured Foundation Repairs is the leading provider of foundation repair and drainage correction services offering innovative solutions and exceptional customer service to homeowners and businesses in need of foundation repair.
About Lazear Capital Partners
Lazear Capital Partners is a leading middle-market investment bank helping owners and companies with ESOP advisory, feasibility, structure and formation. The firm has offices in Columbus, Cleveland, Detroit, Pittsburgh, Atlanta, Dallas-Fort Worth, Houston, Fresno and Phoenix.
For more information about Lazear Capital and ESOPs, reach out to Doug Janowski email@example.com