Congruex acquires Ohio excavation company

Editor’s note: This article has been corrected to reflect the number of acquisitions that Congruex has made.

BOULDER — Broadband infrastructure builder Congruex LLC has absorbed Lebanon, Ohio-based Ohio Valley Excavating, the Boulder company’s seventh acquisition this year and 16th since receiving backing from its private-equity owner Crestview Partners LP in 2017.

 “OVE’s excavation and construction expertise will further expand our underground capabilities as part of turn-key design-build solutions for current and prospective customers in the Midwest,” Congruex CEO Bill Beans said in a prepared statement.

Congruex was advised by Berg Hill Greenleaf Ruscitti LLP in the deal, terms of which were not disclosed, and OVE was advised by Dinsmore & Shohl LLP.