Press

 

June 24, 2019 – Crestview Partners-backed Congruex acquires Terra Technologies, LLC

Terra Technologies is Congruex’s fifth acquisition and further positions Congruex as one of the largest end-to-end telecom engineering and construction platforms in the United States.

Boulder, CO and McHenry, IL, June 24, 2019 – Congruex, a national end-to-end provider of design, engineering, construction, construction management and maintenance services to broadband service providers, today announced the acquisition of Terra Technologies, LLC. Financial terms of the transaction were not disclosed.

Founded in 2011, privately-held Terra Technologies is headquartered in McHenry, IL. The company is a specialized civil engineering and construction firm with a deep expertise in legal mandate projects involving the mandatory relocation of existing telecommunication lines in the context of public infrastructure projects. Terra Technologies has developed highly differentiated capabilities in this space, with proprietary engineering and construction solutions that unlock meaningful savings for its customers by mitigating conflicts, speeding up projects, and minimizing operational disruption to networks…full press release.

 

April 24, 2019 – Congurex partners with FEIG Electronics to develop UHF RFID Drone Technology

Congruex has teamed up with Tiger Labs and FEIG Electronics to develop a drone that can capture passive UHF RFID tag reads from a height of 25 feet, then forward that data, along with GPS-based location information, via Wi-Fi, LoRa or Zigbee.

BOULDER, CO /RFIDNews/ – Several companies that manage large volumes of vehicles are piloting a passive RFID-based drone solution that captures the tag IDs of UHF RFID tags on vehicles, then forwards that data to a server, either in real time or via a Wi-Fi connection after the drone has completed its flights. The drones enable users to collect data regarding where thousands of vehicles are located across large areas, with an accuracy of about 8 feet.  The solution is the result of collaborative efforts between RFID company FEIG Electronics, electronics product development firm Tiger Labs Corp. and drone technology company CCLD Technologies, owned by Congruex. The three Atlanta-based businesses teamed up to develop an RFID-enabled solution for use by the automotive market, to automatically locate and identify vehicles in large yards or storage lots, at a relatively low cost. The companies displayed the resulting technology at this year’s RFID Journal LIVE! conference, held this month in Phoenix, Ariz…full press release.

 

November 20, 2018 – Crestview-Backed Congruex Acquires White Construction

Acquisition further solidifies Congruex’s position as one of the largest end-to-end telecom engineering and construction platforms in the United States

BOULDER, CO /PRNewswire/ – Congruex, a national end-to-end provider of design, engineering, construction management and maintenance services to broadband service providers, today announced the acquisition of White Construction Co., Inc. (“White” or “White Construction”). Financial terms of the transaction were not disclosed.

Founded in 1995 in Beaver Dam, Wisconsin, White Construction is a telecom-focused self-perform construction company, specializing primarily in underground construction work with particular expertise in fiber-to-the-home, fiber-to-the-premises, and fiber optic interconnect projects. White Construction also has aerial, splicing, and cutover capabilities…full press release.

 

November 19, 2018 – Congruex Appoints Kevin Rabbit To Board of Directors; Charles Marsh And Ian O’Brien Join Executive Team

  • Congruex Continues to Build Out a Best In Class Leadership Team to Support the Platform’s Growth
  • Congruex Is Led by CEO Bill Beans and Executive Chairman Kevin O’Hara, and Backed by Crestview Partners

BOULDER, CO /PRNewswire/ – Congruex, a national end-to-end provider of design, engineering, construction and maintenance services to broadband service providers, today announced the appointment of Kevin Rabbitt to the Company’s Board of Directors. Congruex also announced that Charles Marsh and Ian O’Brien will join the company’s executive team as Chief Revenue Officer and Chief Information Officer, respectively…full press release.

 

January 10, 2018 – Crestview-Backed Congruex Acquires CHC Consulting

Acquisition represents major step towards establishing Congruex as one of the largest end-to-end telecom engineering and construction platforms in the United States

BOULDER, CO /PRNewswire/ – Congruex, an end-to-end provider of design, engineering, construction management and maintenance services to broadband service providers, today announced the acquisition of CHC Consulting, LLC (“CHC”). CHC is a full-service engineering consulting firm serving blue chip clients across the telecommunications industry, with particularly strong expertise in outside plant (OSP) engineering services. Financial terms of the transaction were not disclosed…full press release.

 

November 28, 2017 – Congruex Appoints Robert Vrij And John Schanz To Board Of Directors

BOULDER, CO /PRNewswire/ — Congruex, a company established for the purpose of building a nationwide platform that delivers end-to-end engineering, construction and maintenance services to broadband service providers and utility operators across the country, today announced the appointment of Robert Vrij and John Schanz to the Company’s Board of Directors…full press release.

 

November 6, 2017 – Congruex Acquires C.C.L.D. Technologies

BOULDER, CO /PRNewswire/ – Congruex, a company established for the purpose of building a nationwide platform that delivers end-to-end engineering, construction and maintenance services to broadband service providers and utility operators across the country, today announced the completion of its first acquisition, C.C.L.D. Technologies (“CCLD”). The acquisition of CCLD follows Congruex’s recent partnership with Crestview Partners, a New York-based private equity firm with significant experience in cable, telecommunications and business services. Funds managed by Crestview and the Congruex leadership team have committed to fund $200 million of equity to the new platform as part of what is expected to be a total investment of approximately $500 million to consolidate the highly fragmented sector against a backdrop of increased broadband infrastructure spending…full press release.

 

May 09, 2017 – Congruex and Crestview Partners Announce Alliance to Acquire and Grow Engineering and Construction Companies Focused on the Communications Services and Utility Sectors

BOULDER, CO /PRNewswire/ – Congruex, a newly-formed company established to build a nationwide platform that delivers end-to-end design, engineering, construction, and maintenance services to broadband network and utility operators, today announced that it is partnering with Crestview Partners, a New York-based private equity firm with significant experience in the cable, telecommunications and business services industries.  Congruex and Crestview are partnering to consolidate the highly fragmented engineering and construction services industry via acquisitions and organic growth, as robust spending on communication networks and utility infrastructure is expected to continue for the foreseeable future…full press release.