Congruex makes 15th acquisition since 2017

BOULDER — Broadband infrastructure builder Congruex LLC has scooped up Illinois-based Matrix Engineering Inc., the 15th such acquisition for Congruex since receiving backing from its private-equity owner Crestview Partners LP in 2017.

Terms of the deal were not disclosed. 

Matrix is a provider of fiber engineering, splicing, and other key design and construction solutions. 

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“As we continue to invest in our national footprint, our relentlessly customer-centric approach, and our unparalleled suite of services for broadband operators, Matrix Engineering is a natural and highly complementary addition to our platform,” Congruex CEO Bill Bean said in a prepared statement. “I am truly pleased to build upon our position as the leading turn-key design-build solution provider by deepening our fiber splicing capabilities and engineering expertise and further cementing our connections with key Midwest markets. The team at Matrix Engineering has built a strong organization, and we look forward to working with its entire organization to capture the substantial growth potential in front of us.”

Congruex was advised by Berg Hill Greenleaf Ruscitti LLP in the acquisition, and Matrix Engineering was advised by Ice Miller LLP.