Basement Systems Founder and CEO Larry Janesky Announces Acquisition of Master Service Companies

Basement Systems founder and CEO Larry Janesky speaks to Master Service Companies employees on August 27 in Knoxville, TN about Contractor Nation's acquisition of the company.

Contractor Nation, the parent company of Basement Systems Inc., has announced the acquisition of Master Service Companies, a provider of basement waterproofing, crawl space encapsulation, foundation repair, and concrete leveling services with office locations in Knoxville, Tenn., Indianapolis, Ind., and Winston-Salem, N.C. Basement Systems and Contractor Nation founder and CEO, Larry Janesky, announced the purchase on August 27 at Master Service Companies' offices in Knoxville.

"We will be working with existing leadership and team members to take the company to new heights, starting right now,” said Janesky. “There is much we can do using our time-tested programs and services to improve on the great work Josh Smith and his team have already done."

Master Service Companies, formerly known as Master Dry, was founded in 2007 by Josh Smith and currently employs nearly 200 people among their three locations in Tennessee, Indiana, and North Carolina.

The acquisition is the first of its kind for Contractor Nation, which operates a network of locally-owned basement, crawl space, and foundation repair companies in the United States and Canada.

Visit the Contractor Nation website to read the full press release.

About Basement Systems

Basement Systems, Inc. is a leader in the basement waterproofing and crawl space repair industries with more than 30 product patents and thousands of installations per year. Headquartered in Seymour, Connecticut, Basement Systems employs more than 200 people and has more than 250 dealers across the United States and Canada.

Contractor Nation

Contractor Nation is headquartered in Seymour, Connecticut and provides home improvement contractors in North America with a wide range of professional support solutions, including leadership training, creative services, software development, website management, and access to exclusive products through its subsidiary companies.

About Master Service Companies

Master Service Companies specializes in complete solutions for a healthy home environment, providing basement waterproofing, crawl space encapsulation, structural repair, and concrete repair services. Master Service Companies serves the areas of Knoxville, Tennessee; Indianapolis, Indiana; and Winston-Salem, North Carolina.