Pearce Renewables | September 20, 2021
Pearce Renewables, a leader in engineering, operations, and maintenance for renewable energy infrastructure, today announced the acquisition of Mountain Renewables, LLC, a national provider of technical field services for wind energy and utility-scale solar. The acquisition expands Pearce’s capabilities as a leading independent service provider to the renewable energy industry.
Mountain Renewables has developed an outstanding reputation as a provider of comprehensive solutions for the entire life cycle of renewable energy infrastructure, ranging from installation and commissioning to corrective and planned maintenance, major component exchange, repowering, site operational support, and decommissioning. “The addition of Mountain Renewables adds to Pearce’s deep expertise and provides an outstanding complement to our end-to-end technical services, operations, and maintenance capabilities,” said Zack Dorfman, Pearce Renewables’ Senior Vice President of Wind. “We are extremely impressed with their innovative approach to customer solutions and the high degree of cultural alignment with Pearce. We look forward to working together with the entire Mountain Renewables team.”
Pearce Renewables has assembled best-in-class operations and maintenance companies and leaders serving utility-scale wind, solar, electric vehicle (EV) charging, and battery energy storage system infrastructure. Mountain Renewables is Pearce Renewables’ third acquisition this year, following transactions with Mortenson Energy Services in June 2021 and A & A Wind Pros in March 2021 to expand its wind major component exchange, blade repair, cleaning, and technical services. Pearce entered renewable energy at the beginning of 2020 with acquisitions of World Wind & Solar and MaxGen Energy Services. Soon after, the services team from Suzlon North America joined to bring unique capabilities in engineering, spare parts, and technical wind services. Zack Dorfman, former leader of GE’s North American Wind Services team, joined to lead the Pearce Renewables Wind business. Kyle Williams, a former leader of Tesla’s energy services team, joined to lead the Pearce Renewables EV business. Today, with the addition of Mountain Renewables, Pearce Renewables has over 850 technicians throughout the country and is adding weekly to meet growing demand.
About Pearce Renewables, a Division of Pearce Services
Pearce Services is a leading national provider of operations, maintenance, and engineering services for mission-critical infrastructure. Pearce offers innovative, tech-enabled services for telecom, renewable energy, electric vehicle (EV), and energy storage system infrastructure customers safely around-the-clock. With nationwide coverage, we can deploy our highly trained technicians quickly and efficiently to provide unmatched response times, quality, and consistent service for distributed mission-critical assets. Pearce’s engineering and support teams use sophisticated software, analytics, and detailed safety plans to support our technical experts in the field. Constant innovation and close collaboration with our customers are a hallmark of our service.
About Mountain Renewables
Mountain Renewables is an innovative field services company focused on utility-scale wind and solar power plants across the United States, providing repair and maintenance services including corrective and planned maintenance, as well as troubleshooting, commissioning, site support, and other technical operations. Mountain Renewables utilizes data-driven insights throughout the project lifecycle to deliver optimal outage management. Structured around the core values of safety, quality, integrity, and reliability, Mountain Renewables has a proven track record of increasing production, performance, and profitability for multi-megawatt renewable energy power plants.m/.
Congruex | October 19, 2021
Congruex, a national end-to-end provider of design, engineering, construction, and maintenance services to broadband providers, today announced the acquisition of Matrix Engineering, a deeply experienced leader in fiber engineering, splicing, and other key design and construction solutions. Financial terms of the transaction were not disclosed.
Headquartered in Schaumburg, Illinois, Matrix Engineering is a comprehensive provider of offerings for network operators including design and engineering, outside plant construction, fiber splicing, circuit testing, and network activation. Matrix Engineering's leadership team collectively carries decades of experience in the telecommunications industry and strong relationships with its customers. With the addition of Matrix Engineering, Congruex further extends its leadership in network design and construction, and enhances its integrated platform with additional critical engineering and splicing expertise to support end-to-end services for many of the nation's largest providers.
"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,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 their entire organization to capture the substantial growth potential in front of us."
-Bill Beans, CEO of Congruex.
Having gotten to know Bill and the broader Congruex organization, we mutually recognize a tremendous opportunity to make an even greater impact with our customers," John Bennett, CEO of Matrix Engineering, said. "By joining the market-leading Congruex platform, our highly experienced team will continue to pursue unmatched solutions for providers while building new capabilities and achieving greater scale.
Congruex has now completed 15 strategic acquisitions since 2017, when it launched its platform in partnership with Crestview Partners, a leading New York-based private equity firm with significant expertise in the cable, telecommunications, and business services industries.
Congruex was advised by Berg Hill Greenleaf Ruscitti LLP. Matrix Engineering was advised by Ice Miller LLP.
Congruex was formed in late 2017 by industry executives Bill Beans and Kevin O'Hara in partnership with Crestview Partners. Congruex brings together leading engineering and construction companies across the U.S. into a harmonized platform with capabilities encompassing network development, engineering, construction, mandated road moves, maintenance, and operations. Congruex's customers benefit from the integrated skills that it can offer, either as single disciplines or as a turnkey solution with self-perform capabilities. Congruex's engineering and construction services operate nationwide. For more information, please visit www.congruex.com.
About Crestview Partners
Founded in 2004, Crestview is a value-oriented private equity firm focused on the middle market. The firm is based in New York and manages funds with over $10 billion of aggregate capital commitments. The firm is led by a group of partners who have complementary experience and distinguished backgrounds in private equity, finance, operations, and management. Crestview has senior investment professionals focused on sourcing and managing investments in each of the specialty areas of the firm: media, industrials, and financial services. For more information, please visit www.crestview.com.
Assignar | April 12, 2022
Assignar, the leading cloud-based construction operations platform provider, announced the launch of its latest product advancements to help self-perform general and subcontractors increase efficiency, profitability, and innovation. The company developed these platform enhancements in response to the industry's evolving needs and requests.
“At Assignar, we’re constantly gathering feedback and ideas from our internal team, customers and the industry to ensure our product roadmap is aligned with the needs and objectives of today’s contractors – this is reflected in our latest product enhancements, We invested in these four innovations to drive the construction industry forward into a new age of digital transformation that helps teams adapt to changing needs and align resources across projects in real time.”
Marcel Broekmaat, Chief Product Officer at Assignar
Assignar's latest upgrades complement an already robust array of products. They simplify platform use from the start and enable teams to more closely monitor ongoing work and progress through improved data collecting from the field.
This new tool enables contractors to have a better understanding of site development and facilitates productivity analysis, which assists in optimizing resource utilization and adjusting resource allocation depending on progress and budget. It allows users to submit a budgeted amount for a work order and monitor progress against that amount from the field.
Contractors can now access their allocations, submit numerous timesheets for the day, and track time spent on multiple breaks and assets using the new Daily Log. All of this from a single, easily-understandable interface on their phones. It enables reliable data collection from the field, allowing workers to be paid correctly and subcontractors to bill their clients accurately. This will simplify the process of locating job information and entering time, allowing contractors to concentrate on their jobs.
Contractors can effortlessly schedule personnel and equipment from their phone while on the jobsite with Mobile Scheduling. This enables contractors to remain mobile while monitoring task progress and working from numerous locations. They can add and remove resources without contacting the office. Assignar now supports the dynamic work environment in which contractors operate.
The platform's redesigned navigation structure adheres to Assignar's recommended process, from managing equipment and workers to allocating these resources to work orders and tracking time, quantities, and compliance. It is a significant step forward in the company's transition to a revamped user experience.
Assignar's platform and capabilities will continue to expand, helping contractors to increase their efficiency and profitability in an ever-changing sector. Visit www.assignar.com to learn more about these technologies and how Assignar is elevating construction processes.