Level 3 co-founder O’Hara launches new firm in Boulder

BOULDER — Congruex, a company created in Boulder earlier this year by Level 3 Communications Inc. co-founder Kevin O’Hara and telecom veteran Bill Beans, has struck a partnership with a New York-based private-equity firm to acquire and grow engineering and construction companies focused on the communications services and utility sectors.

Financial details of the partnership were not disclosed.

Crestview Partners is committing up to $200 million of equity as part of what is expected to be a total investment of approximately $500 million. Beans and O’Hara will lead Congruex, with Beans serving as chief executive and…