BOULDER — Congruex LLC, a Boulder-based construction and engineering service firm, recently acquired Terra Technologies LLC for an undisclosed sum.
Terra Technologies is a civil engineering and construction management technology company based in McHenry, Illinois.
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Make a positive impact on the financial health of your business by taking a closer look at your inventory. In this article, we look at how to weigh the pros and cons of holding costly inventory and how to think of your balance sheet in terms of uses and sources of cash.
“We are pleased to announce the acquisition of Terra Technologies, a company that provides distinctive and specialized capabilities to help telecommunications operators mitigate the cost and disruption that can arise from public infrastructure projects,” Congruex CEO Bill Beans said in a prepared statement. “The acquisition of Terra furthers our strategy to become one of America’s largest end-to-end telecom engineering and construction platforms and to build out a robust suite of value-added capabilities.”
Congruex, which has been on a acquisition spree since 2017, is backed by New York private equity firm Crestview Partners.
“In 2017, funds managed by Crestview Partners, along with the Congruex leadership team, committed $200 million of equity to build out a new platform as part of what is expected to be a total investment of approximately $500 million,” according to a company news release.
Other firms acquired by Congruex over the past three years include CCLD Technologies, CHC Consulting, White Construction and Veterans Underground.
BOULDER — Congruex LLC, a Boulder-based construction and engineering service firm, recently acquired Terra Technologies LLC for an undisclosed sum.
Terra Technologies is a civil engineering and construction management technology company based in McHenry, Illinois.
Sponsored Content
Two Inventory Management Tips for Business Owners
Make a positive impact on the financial health of your business by taking a closer look at your inventory. In this article, we look at how to weigh the pros and cons of holding costly inventory and how to think of your balance sheet in terms of uses and sources of cash.
“We are pleased to announce the acquisition of Terra Technologies, a company that provides distinctive and specialized capabilities to help telecommunications operators mitigate the cost and disruption that can arise from public infrastructure projects,” Congruex CEO Bill Beans said in a prepared statement. “The acquisition of Terra furthers our strategy to become one of America’s largest end-to-end telecom engineering and construction platforms and to build out a robust suite of value-added capabilities.”
Congruex, which has been on a acquisition spree since 2017, is backed by New York private equity firm Crestview Partners.
“In 2017, funds managed by Crestview Partners, along with the Congruex leadership team, committed $200 million of equity to build out a new platform as part of what is expected to be a total investment of approximately $500 million,” according to a company news release.
Other firms acquired by Congruex over the past three years include CCLD Technologies, CHC Consulting, White Construction and Veterans Underground.
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