Congruex, National End-to-end Provider of Design, Engineering, Construction Announces the Acquisition of True North

Congruex | November 04, 2020

Congruex, a national end-to-end provider of design, engineering, construction, and maintenance services to broadband providers, today announced the acquisition of True North Management Services, LLC ("True North"), a leading regional provider of wireless infrastructure. Financial terms of the transaction were not disclosed. Founded in 2000, True North is a U.S. veteran owned and operated provider of complete, 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. Collectively, these transactions have firmly established Congruex as one of the largest telecom engineering and construction firms in the United States. Congruex provides best-in-class, turn-key services to broadband operators.

Spotlight

What are the key differences between architects and engineers? Trying to decide on the right profession can be tough. Although architects and engineers perform many parallel functions, there are many differences between the two disciplines. Some may debate the merits of each field of study, but in the end, some people are simply better at one than the other.

Spotlight

What are the key differences between architects and engineers? Trying to decide on the right profession can be tough. Although architects and engineers perform many parallel functions, there are many differences between the two disciplines. Some may debate the merits of each field of study, but in the end, some people are simply better at one than the other.

Related News

PRODUCTS

Cupix Announces Site Insights to Digitally Track As-Built Construction Progress

Cupix | November 17, 2021

Cupix, the high-growth pioneer of cutting-edge 3D digital twin solutions for architecture, engineering and construction (AEC) industries and facility owners, announced the launch of Site Insights, a powerful new feature of its CupixWorks 3D digital twin technology platform, to track progress seamlessly and stay one step ahead of changes. The end result is that projects run more smoothly, making it easier for owners to stay informed, and helping builders stay on time, on track and on budget. One of the many unique key features of CupixWorks is the platform’s ability to combine information capture, ingestion, data analysis and context into a single system for tracking and managing construction progress. Site Insights expands the power of the CupixWorks platform by quantifying job-site context and progress data users can ingest and analyze to make actionable, data-driven decisions faster than ever before. Site Insights will enable CupixWorks customers to leapfrog current visual project tracking by delivering on the widest range of quantifiable insights that ensure that projects remain on schedule and on budget. For example, Site Insights reveals the proper time to generate subcontractor invoices based on the percentage of completed work. Also, Site Insights can capture, quantify, and share percentage metrics on deviations that building elements experience between the original Building Information Management (BIM) file and as-built progress. This reduces errors and rework, and it provides a crucial metric that saves owners and project managers significant time and expenses. “Job sites change daily, and general contractors and building owners need to extract high-value insights from progress tracking quickly and easily,Site Insights delivers that in a whole new way.” -Simon Bae, CEO and founder of Cupix The new feature will provide several innovative capabilities that are already in high demand, including: As-Built Updating. On-site updating of BIM files is typically ignored or happens, at best, on a quarterly basis. With Site Insights, BIM managers and Virtual Design and Construction (VDC) specialists have a system to streamline and share as-built updates. Error Identification & Rework Prevention. Critical errors are often missed or overlooked on-site. By having an intelligent system that can analyze data captured on site alongside BIM files, Site Insights can reduce deviation and site misses on a consistent basis. Payment Reconciliation. By creating a single system and source of truth that tracks percentage completion of various project elements, owners, project managers and supervisors know when to generate invoices accordingly for general contractors and sub-contractors, preventing delays and removing friction from the payment process. Progress & Schedule Updates. With better access to progress data on a regular basis, project managers can better schedule the flow of goods and services and prevent late deliveries. About Site Insights: Site Insights works seamlessly with the CupixWorks platform, the industry’s most advanced 3D digital twin platform, enabling facility owners, general contractors and project managers to build smarter, transforming any construction site into an easy-to-manage project, creating value across the entire life cycle of a property. No longer just available to only large organizations, CupixWorks is democratizing 3D digital twin technologies to become the de facto standard in the industry for its ability to make construction projects more efficient and profitable, especially when working remotely. Site Insights is currently available via an invitation-only pilot program for AEC firms and building owners. It is already being deployed in construction sites around the world, where customers are finding new innovative ways to put it to good use. The pilot program aims to reveal use cases and capabilities that will complement the current feature before becoming generally available in the first half of 2022. For more information or to receive a demo of the CupixWorks platform, please click here. About Cupix: Cupix's mission is to empower contractors and owners everywhere to build smart. It offers the industry’s most flexible and easiest-to-deploy 3D digital twin platform for general contractors, owners and property managers. Whether for basic residential and commercial buildings, complex and highly technical facilities, or even roads and infrastructure projects, Cupix's solutions save time and money, eliminate surprises and empower secure collaboration across the entire lifecycle of any property.

Read More

ENGINEERING TECH

Cook & Boardman Acquires National Millwork

Cook & Boardman Group | January 05, 2022

The Cook & Boardman Group LLC ("Cook & Boardman" or "C&B"), the nation's leading distributor of commercial door entry solutions and security integration services has announced the acquisition of Riviera Beach, FL-based National Millwork (NMI). Terms of the transaction were not disclosed. National Millwork was founded in 1998 by Otto Nonnenmann and Michael Bosco with the goal of becoming a full service door, hardware and millwork company that would be both supplier and subcontractor to the construction industry. With a focus on manufacturing the highest quality doors and a commitment to installing everything they manufacture, NMI has experienced tremendous growth and expansion. In 2015 NMI expanded its geographic reach and distribution capabilities with the acquisition of Elite Door & Trim in Denton, TX (which is included in the transaction). Today the company operates full hollow metal, door, key & hardware shops; manufactures and installs pre-hung, pocket, bypass and exterior doors, clubhouse and lobby finishes and interior trim and mouldings. NMI also supplies and installs Division 10 specialty products, including commercial bathroom partitions and washroom accessories. "NMI fits perfectly into our strategy of offering total opening solutions, and I am excited to welcome them to the Cook & Boardman family. Their manufacturing capabilities and installation services will allow us to deliver an even greater value proposition to our customers on multi-family and commercial construction projects – including interior pre-hung doors." -Darrin Anderson, Chief Executive Officer of C&B My mission in founding National Millwork more than 20 years ago was to become the preferred, turnkey provider for large residential and commercial projects, noted NMI founder and CEO Otto Nonnenmann, and in Cook & Boardman we found a partner that shares our vision. "Our companies share a common culture and commitment to customer service, and I am confident that NMI will thrive under C&B ownership." The company will continue to operate under the National Millwork name and customer contacts will remain unchanged as a result of the acquisition. -NMI co-founder and COO, Michael Bosco Cook & Boardman is a portfolio company of Littlejohn & Co., LLC. National Millwork represents C&B's nineteenth acquisition since being acquired by Littlejohn in October 2018. About Cook & Boardman Group Cook & Boardman is the premier distributor of commercial doors, frames & hardware and one of the nation's fastest growing providers of integrated security solutions - including physical security, access control, wireless networking, low voltage cabling, audio/visual and managed information technology products. The company serves multi-family and non-residential markets including commercial, education, government, healthcare, office and hospitality sectors from more than 70 locations across 21 states and nationwide through its ecommerce portal at www.cookandboardman.com. About Littlejohn & Co., LLC Littlejohn & Co., LLC is a Greenwich, Connecticut-based investment firm focused on private equity and debt investments primarily in middle market companies. The firm seeks to build sustainable success for its portfolio companies through a disciplined approach to engineering change. For more information about Littlejohn, visit www.littlejohnllc.com.

Read More

ENGINEERING TECH

Trade Hounds Announces Partnership with Deltek

Deltek | August 09, 2021

Trade Hounds, a professional community and hiring platform built for the construction industry, today announced it has entered into a partnership with Deltek, a leading provider of software and solutions for project-based business, including construction firms. Trade Hounds has joined Deltek's Marketplace to provide Deltek + ComputerEase customers direct access to the Trade Hounds hiring platform. Nearly 250,000 tradespeople have joined Trade Hounds to showcase their work, build professional profiles and find jobs. In the fall of 2020, Trade Hounds launched functionality to enable contractors to hire directly from the platform. Today, more than 500 contractors are using Trade Hounds to source skilled labor, which remains the biggest challenge facing the construction industry today. Peter Maglathlin, co-founder of Trade Hounds, said: "The construction industry deserves a dedicated hiring platform that meets its unique needs. Skilled tradespeople are hard to find, which is why we built a home for these workers online. Contractors across the country are having success hiring from our deep community of skilled tradespeople." Trade Hounds and Deltek + ComputerEase are a complementary fit as both are laser-focused on serving America's trade contractors. Trade Hounds is the largest and most active professional community dedicated to the trades. Deltek + ComputerEase powers several thousand contractors through their proactive job costing and construction-focused flexibility. While many Deltek + ComputerEase customers have grown their business over the past year, they have also experienced the pain of the current labor shortage. Deltek + ComputerEase serves as a trusted partner to thousands of trade contractors across the country, and they are focused on helping their customers navigate the complexities of the industry. John Meibers, General Manager and Vice President of Deltek + ComputerEase said, "We're always looking for partners that bring a unique and valuable product or service to the Deltek + ComputerEase customer. Trade Hounds has built a unique community for the skilled trades. In today's tight construction labor market, getting access to qualified and skilled tradespeople can be a competitive advantage, not to mention a better way to find and hire those people that you need to grow your specialty contracting business." About Trade Hounds Trade Hounds has built the world's largest professional community for the skilled trades – nearly 250,000 skilled tradespeople have joined Trade Hounds to showcase their work, build professional profiles and find jobs. Today hundreds of contractors across the country are using Trade Hounds to source the skilled workers they need to deliver on projects and grow their business. About Deltek Better software means better projects. Deltek is the leading global provider of enterprise software and information solutions for project-based businesses. More than 30,000 organizations and millions of users in over 80 countries around the world rely on Deltek for superior levels of project intelligence, management and collaboration.

Read More