McGuireWoods Advises United Structural Systems in Acquisition of Ox Foundation Solutions

August 4, 2023

McGuireWoods advised private equity client Summit Park and its portfolio company United Structural Systems (USS) in USS’s acquisition of Ox Foundation Solutions, a residential foundation repair and waterproofing services provider.

USS provides foundation repair, crawl space repair and basement waterproofing services to residential homeowners in Middle Tennessee, Southern Kentucky and Northern Alabama, as well as to commercial customers throughout the country. Summit Park invested in USS in February 2023.

Partner H. Ramsey White III led the deal team, which included associates Timothy Malloy and Erin Zorn. Partners Christian Brose and Paul Navarro and associates Luis Benavides and Richard Lockridge assisted in the transaction.

“We were pleased to assist our longtime client Summit Park and USS in this add-on acquisition,” said White, a partner in the firm’s Corporate & Private Equity Department.

Added Tom Zahn, chair of the firm’s Corporate & Private Equity Department: “This transaction is another example of the strength of our Charlotte private equity team and of the relationships our lawyers have built with clients such as Summit Park.”

McGuireWoods ranked among the leading law firms for U.S. M&A deals in 2022. Its private equity capabilities have earned nationwide recognition from Chambers USA and The Legal 500. The firm also was a finalist in six deal categories for the 2022 M&A Advisor Awards, which recognized top corporate transactions and the firms involved in closing them.