BOULDER, CO — Congruex, a national end-to-end provider of design, engineering, construction management and maintenance services to broadband service providers, announced the acquisition of White Construction Co.
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.
Self-Perform Construction Capabilities
Congruex’s acquisition of White follows its purchases of CCLD Technologies and CHC Consulting in late 2017, which positioned Congruex as one of the largest pure telecom engineering firms in the United States with expanded scale and resources. The acquisition of White adds self-perform construction capabilities and further enables Congruex to provide end-to-end, turn-key engineering and construction services for its customers.
These acquisitions followed Congruex’s partnership with Crestview Partners, a New York-based private equity firm with significant experience in the cable, telecommunications and business services industries. In 2017, funds managed by Crestview and the Congruex leadership team committed $200 million of equity to build out the new platform, as part of what is expected to be a total investment of approximately $500 million.
“We are excited to begin our partnership with Congruex and to grow our business even further,” said Adam White, president of White Construction. “We look forward to leveraging Congruex’s operational expertise and capital resources as we continue providing innovative and efficient construction services to our customers.”
Via BBC Wires