Crestview Partners launches Congruex

Crestview Partners is launching Congruex, a platform that will provides design, engineering, construction and maintenance services to broadband network and utility operators. Crestview and Congruex’s management have committed to invest up to $200 million equity to the deal which, including debt and rolled equity from the target companies, is expected to total $500 million. Bill Beans and Kevin O’Hara will lead Congruex. Lazard Middle Markets advised Congruex.

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