Gudenkauf Corporation has been acquired by Congruex a portfolio company of Crestview
|Deal Type||Mergers & Acquisitions|
|Client & Transactional Partners||
|Our Role||Sell-Side Advisor|
On December 22, 2020, KeyBanc Capital Markets (“KBCM”) successfully advised Gudenkauf Corporation (“Gudenkauf” or the “Company”) on its sale to Congruex, LLC (“Congruex”), a portfolio company of Crestview Partners (“Crestview”). Gudenkauf engaged KBCM to serve as its exclusive sell-side advisor based on its industry-leading Industrial & Business Services Practice and proven M&A execution capabilities.
Founded in 1977, Gudenkauf is a leading provider of telecom and utility services across the Midwest U.S., based in Columbus, OH. The Company provides outsourced, reoccurring upgrade, modification and repair and maintenance services for critical telecom and utility infrastructure. The Company is a go-to provider of services in the region with significant share of wallet with top telecom, utility and municipal customers with seven offices across two states.
Congruex is an industry-leading platform providing mission-critical, end-to-end engineering and construction services to the telecom industry. Congruex has built a harmonized national platform through its acquisitions, including: CCLD Technologies, CHC Consulting, White Construction, Terra Technologies, HHS Construction, Southeast Utilities of Georgia and True North. Congruex's full suite of end-to-end services, including engineering, construction & maintenance, legal mandate and project management, offers a turnkey solution, allowing the Company to address the industry's full value chain.
Founded in 2004, Crestview is a leading private equity firm focused on forming long-term partnerships with talented and motivated entrepreneurs, executives, colleagues and investors to achieve a common goal. With over $9 billion in committed capital and 49 realized / current platform investments, they have a proven expertise with media / telecom, industrial and financial services investments.