Congruex Group LLC

Overview

Deal Type Debt Capital Markets
Size $545 Million
Senior Secured Credit Facilities
Client & Transactional Partners Congruex Group LLC
Crestview Partners
Our Role Administrative Agent
Joint Bookrunner
Left Lead Arranger

Summary

On May 3, 2022, KeyBanc Capital Markets (KBCM) successfully closed the syndication of $545 million of Senior Secured Credit Facilities for Congruex Group LLC (Congruex or the Company). The $75 million Revolving Credit Facility and $470 million Senior Secured Term Loan B will be used to refinance the Company's existing indebtedness, finance the purchase of two acquisitions, fund working capital needs, and pay transaction related fees and expenses. KBCM served as Left Lead Arranger, Joint Bookrunner, and Administrative Agent on the Company’s inaugural broadly syndicated transaction in the institutional loan market. KBCM was chosen to lead the transaction as a result of deep industry expertise, strong relationship with the Company and Sponsor, and Debt Capital Markets capabilities.

Congruex is an industry-leading platform providing mission-critical, end-to-end engineering and construction services to the telecom industry. The Company has built a harmonized national platform through its transformative acquisitions – CHC Consulting, White Construction, Terra Technologies, HHS Construction, Southeast Utilities of Georgia, Gudenkauf Corporation, True North, Viking/Mabeck, A&M Communications, OVE and Matrix Engineering. 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 Partners is a leading private equity firm with proven expertise in media/telecom, industrial, and financial services investments.

Recent Deals

June 2022


Series D Funding

led by

Morgan Stanley Expansion Capital

$140 Million

Exclusive Financial Advisor

Mergers & Acquisitions

platform-sh
June 2022

the parent company of

AEP Transmission Company, LLC

$550 Million

Senior Notes

Joint Bookrunner

Debt Capital Markets

aep-transmission-company,-llc
May 2022

 

a portfolio company of

has been acquired by

 

Exclusive Sell-Side Advisor

Mergers & Acquisitions

thermogenics-inc-
May 2022

 

Tiburon Place

$53 Million

4% bond LIHTC and State Housing Equity

Construction

tiburon-place
May 2022

 

$500 Million

Senior Secured Credit Facility

Joint Bookrunner
Joint Lead Arranger

Debt Capital Markets

delaware-basin-resources-llc
May 2022

 

Cheshire Station

 

$17.6 Million

Acquisition

Lender

CMBS

cheshire-station
May 2022

ACG Portfolio-Oakland Glen MHC

ACG Portfolio-Clayton Acres MHC

$59.5 Million

Refinance

Lender

Fannie Mae

acg-portfolio
May 2022

 

Stonetown - North Pines

Stonetown - Country Meadows

$82 Million

Acquisition

Lender

Fannie Mae

stonetown-trinity-portfolio
May 2022

Sawgrass Point

$28.5 Million

Refinance

Lender

Fannie Mae

sawgrass-point
May 2022

 

Floorplan Inventory Financing and Commercial Real Estate Lending

Lender

Mergers & Acquisitions

great-falls-subaru
May 2022

a portfolio company of

has acquired

 

$545 Million

Senior Secured Credit Facilities

Administrative Agent
Joint Bookrunner
Left Lead Arranger

Debt Capital Markets

congruex-group-llc
May 2022

 

$2.55 Billion

Senior Secured Credit Facilities

Co-Documentation Agent
Joint Lead Arranger

Debt Capital Markets

penn-national-gaming,-inc-
May 2022

 

$95 Million

Senior Secured Credit Facilities

Administrative Agent
Joint Lead Arranger
Sole Bookrunner

Debt Capital Markets

doyon-limited
April 2022

 

Rego Park II

$11 Million

Refinance

Lender

CMBS

rego-park-ii
April 2022

Festus Gardens

$9.7 Million

Acquisition

Lender

FHA

festus-gardens
April 2022

a portfolio company of

has acquired

 

$2.77 Billion

Senior Secured Credit Facilities

Joint Bookrunner
Joint Lead Arranger

Debt Capital Markets

prince-international-corporation
April 2022

 

Canal 1535

$45 Million

Acquisition

Lender

Fannie Mae

canal-1535
April 2022

Plaza Palmera

$22 Million

Acquisition

Lender

Life Company

plaza-palmera
April 2022

 

$2 Billion

Senior Secured Credit Facility

Co-Syndication Agent
Joint Bookrunner
Joint Lead Arranger

Debt Capital Markets

pennenergy-resources,-llc
April 2022

 

SunTech Commerce Park

$22.5 Million

Acquisition

Lender

Life Company

suntech-commerce-park

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