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  6. Congruex Acquires TES

M&A Deal Summary

Congruex Acquires TES

On May 5, 2022, Congruex acquired engineering company TES

Acquisition Highlights
  • This is Congruex’s 1st transaction in the Engineering sector.
  • This is Congruex’s 14th transaction in the United States.
  • This is Congruex’s 1st transaction in Texas.

M&A Deal Summary
Date 2022-05-05
Target TES
Sector Engineering
Buyer(s) Congruex
Deal Type Add-on Acquisition
Advisor(s) Carriage Hill (Financial)
Reid, Dennis & Frick (Legal)

Target

TES

Irving, Texas, United States
TES is a structural engineering company focused on wireless tower infrastructure. TES leverages proprietary software and analytical tools to support customers in reducing their cycle times to market, ensuring compliance with industry standards, all while achieving substantial cost savings for their customers. TES was founded in 2012 and is based in Irving, Texas.

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Buyer(S) 1

Buyer

Congruex

Boulder, Colorado, United States
Category Company
Founded 2016
Sector Business Services
DESCRIPTION

Congruex is comprised of seasoned industry executives bringing together major engineering and construction companies across the U.S. Congruex is building a company with unique capabilities ranging from network development, engineering, construction, and operations. Congruex was founded in 2016 and is based in Boulder, Colorado.

DEAL STATS #
Overall 14 of 14
Sector: Engineering M&A 1 of 1
Type: Add-on Acquisition M&A Deals 14 of 14
State: Texas M&A 1 of 1
Country: United States M&A 14 of 14
Year: 2022 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-05-05 SCI

Syracuse, Utah, United States

SCI is a telecom infrastructure services company that delivers turn-key solutions across fiber and wireless infrastructure, from aerial and underground fiber-optic systems to outside plant (OSP) construction. SCI was founded in 1977 and is based in Syracuse, Utah.

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