Press

 

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.