Congruex, a provider of design, engineering, construction, and maintenance services to broadband providers, yesterday announced the acquisition of True North Management Services, LLC, a wireless infrastructure provider. Financial terms of the transaction were not disclosed.
Founded in 2000, True North is a U.S. veteran owned and operated provider of turn-key solutions for tier 1 wireless carriers, fiber companies and tower owners. Its core service areas are ground and small cell installation, tower construction, maintenance and emergency response. True North is headquartered in St. Louis and serves a number of states including Illinois, Missouri, Kansas, Nebraska, Oklahoma, and Tennessee.
True North is the eighth strategic acquisition that Congruex has completed since establishing a partnership with Crestview Partners, a leading New York-based private equity firm with significant expertise in the cable, telecommunications and business services industries.
Bill Beans, Congruex’s CEO, said, “We are excited to announce the acquisition of True North, which immediately expands Congruex’s footprint in the Midwest and broadens the company’s offerings and customer set into the wireless space. The co-owner Steve Myers and the entire team at True North have proven themselves to be incredible operators. They have built a company that prioritizes culture, service excellence and precision, many of the traits that Steve exemplified while serving in the U.S. military.”
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