Today, URETEK Holdings, Inc., a foundation and soil stabilization company based in Florida, announced the acquisition of 23 additional state territories to its service areas, increasing total state operations to 31 states throughout the United States.
URETEK Holdings, Inc., was formed in 2011 when KLH Capital, L.P. partnered with management to recapitalize and acquire the existing business and territory of Florida. Throughout 2012, URETEK Holdings, Inc. expanded its footprint to 8 states and now will operate in 31 total states.
“We have developed a business model that works to aggressively bring URETEK’s products to the market, expanding our brand and footprint and implementing a strong operational foundation behind a technology we believe can develop into the go-to solution for foundation and structural stabilization,” states URETEK Holdings CEO Kathleen Shanahan.
She continues, “URETEK’s polymers and patented techniques provide a non-disruptive technology for businesses, property owners and governments to save a great deal of time, frustration and money in their ongoing business operations. URETEK Holdings’ operational expansion, combined with its bonding capacity and 0.88 EMR safety rating, will ensure our ability to grow our master customer accounts with quality assurance in implementation.”
For 25 years, URETEK has safely completed more than 85,000 leveling, lifting, sealing and stabilizing projects for commercial, residential, and governmental clients. URETEK’s proprietary polymer formulations are used in a wide variety of applications, including slab lifting and underground void filling; stormwater and waste drain restoration; soil erosion control; emergency infrastructure restoration (dams, spillways, and levees); and culvert, pipe, and manhole sealing.
“URETEK has a long history of providing one of the most effective approaches for repairing structural problems caused by geotechnical issues,” says Chief Operating Officer Richard Kelecy. “URETEK Holdings has put together a team of professionals who understand how to build a company that excels in all areas required to grow healthily – from engineering to estimating to accounting to marketing to contracting. It is a recipe for success and we are excited to incorporate such a large territory into our formula and to learn from the existing talent who will be joining our team.”
The newest states to be added to URETEK Holdings, Inc.’s territories are: Connecticut, Delaware, Idaho, Illinois, Indiana, Kansas, Maine, Maryland, Massachusetts, Michigan, Minnesota, Nebraska, New Hampshire, New Jersey, New York, North Dakota, Oregon, Pennsylvania, Rhode Island, South Dakota, Vermont, Washington, and Wisconsin. Previous existing territories include Alabama, Florida, Georgia, Kentucky, Mississippi, Ohio, Tennessee and West Virginia.
About URETEK Holdings, Inc.
URETEK Holdings, Inc. specializes in improving the weight-bearing capacity of subsurface soils through the injection of patented, lightweight, expanding polymers. The patented URETEK Method™ provides the industry’s best, most cost-effective, fastest and safest solution for soil stabilization and densification at depth without excavation. For 25 years, URETEK has safely completed more than 85,000 projects leveling, lifting, sealing and stabilizing structures of all sizes for commercial, residential, and governmental clients.