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Tarheel Basement Systems and JES Companies Announce Merger

Tar Heel Basement Systems, one of North Carolina’s largest and fastest growing basement, crawl space and foundation repair contractor, has merged with JES Companies of Virginia Beach, Va., led by CEO Matthew Malone and President Jesse Waltz.

JES Companies, named to the Fortune 5000 Fastest Growing Companies, is comprised of some of the leading foundation, crawlspace, and basement repair companies in the Southeast and Midwest. Malone and Waltz envision JES Companies becoming the pre-eminent home repair company throughout North America.

“Our partnership with JES Companies provides us with the resources to expand our award-winning service across the entire state of North Carolina,” says CEO Pete Burgess. “In addition to the opportunity to serve more people, I feel JES Companies share similar values as Tar Heel Basement Systems- a commitment to quality service, vision to change the image of the industry and an investment in the wellbeing and future of its employees. All of us at Tar Heel Basement Systems are excited to join such a quality organization.”

Tar Heel Basement Systems will continue to operate as it always has, with Burgess as its CEO, providing the quality service that has made it famous. Since starting this business in 2003, Pete Burgess has been committed to doing “whatever it takes” to satisfy his customers. The overriding principle of providing honest, friendly, professional, and high-quality service was adopted as the hallmark of this company in the early days. This philosophy continues as Tar Heel Basement Systems joins JES on this journey to help homeowners across the Southeast.

“Our partnership with Tar Heel Basement Systems greatly enhances our ability to serve the southeastern region of the United States,” said Matt Malone, CEO of JES Companies. “JES will infuse financial, operational and human capital to accelerate Tar Heel’s growth, augmenting their ability to provide the highest level of service to their customers. While we are excited to add the Tar Heel brand to our family of companies, we are truly thrilled to add Pete Burgess and his world-class team to the JES Companies family.”

Malone and his management team will oversee and support the acquisition to assure a seamless union of the two companies. Tar Heel Basement Systems will continue operating under its existing brand and will continue to be run by its current staff. A new corporate identity program, that will include a new logo, website, marketing materials and fleet vehicles, will occur in 2018.
Tar Heel Basement Systems has grown every year since 2003, expanding revenue, team members, services, territory, and facilities. Currently, Tar Heel services all of Northwest North Carolina and this merge with JES Companies will allow for expansion into the Raleigh & Asheville markets in 2018.

About Tar Heel Basement Systems
Tar Heel Basement Systems specializes in residential & commercial basement waterproofing, crawl space repair, foundation repair and concrete lifting. The mission of the company is to improve lives by inspiring its employees to live the Golden Rule and challenge industry standards. Tar Heel Basement Systems has been named to the Inc. 5000 Fastest Growing Companies, Business NC’s Midsized Fast 40, and Triad Business Journal’s Best Place to Work. In 2017, Tar Heel was named by the United States Chamber of Commerce as the Top Veteran Owned Business in the nation. Tar Heel Basement Systems serves North Carolina and Southwest Virginia.
For more information about Tar Heel Basement Systems, please visit www.tarheelbasementsystems.com.

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