Syracuse-headquartere Sorensen Cos. Inc. (SCI), a telecom infrastructure services company, has been acquired by Congruex, a provider of digital network design and build services based in Boulder, Colorado. Congruex acquired Tower Engineering Solutions LLC (TES) of Dallas at the same time. Financial terms of the transactions were not disclosed. {mprestriction ids="1,3"}
SCI was founded in 1977 by Craig Sorensen and delivers turnkey solutions across fiber and wireless infrastructure, from aerial and underground fiber optic systems to outside plant construction. It is a leading fiber-to-the-home shallow-trenching expert and will extend the Congruex platform to the Mountain region, where SCI is one of the largest telecom contractors, Congruex said in a release. SCI will provide synergies with existing Congruex engineering capabilities. Jeremy Bowles will remain with the new owner as the general manager.
“We identified TES and SCI as sharing many qualities that naturally align with Congruex: industry-leading engineering and construction expertise, dedication to client service, and commitment to cutting-edge innovation,” said Bill Beans, CEO of Congruex. “These two acquisitions will strengthen our turn-key digital network design and build solutions and amplify our nationwide reach. We are delighted to welcome TES and SCI to the One Congruex family and look forward to partnering with their existing leadership and employee teams to best serve clients and accelerate growth.”
Tower Engineering and Sorensen Cos. are the 17th and 18th acquisitions that Congruex has closed and integrated since 2017, when it established a partnership with Crestview Partners, a New York-based private equity firm with significant expertise in the cable, telecommunications and business services industries.{/mprestriction}
