Banking & Finance  August 12, 2019

Congruex passes $100M in fundraising total with $48M haul

BOULDER  — Congruex LLC has closed on a $48,885,681 fundraising round, blasting past the $100 million mark in its fundraising over its lifetime.

The Boulder-based telecom engineering company started the fundraising round July 30 from six separate investors, according to filings with the U.S. Securities and Exchange Commission.

Congruex has been aggressive in both raising capital and acquiring firms across the country since being founded in 2016 and its majority stake acquisition by New York private equity firm Crestview Partners a year later.

It has raised a total of $126,142,328 between four fundraising rounds reported…

Lucas is an award-winning journalist who worked at news agencies from Maryland to Wyoming to South Carolina before putting roots down in Colorado.

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