Congruex, a national end-to-end provider of design, engineering, construction, and maintenance services to broadband providers, has acquired Mabeck LLC and Viking Corp, both providers of wireless communications services.
Mabeck and Viking will be rolled into and rebranded as True North Management Services, a self-performing wireless construction company acquired by Congruex in November 2020.
Headquartered in St. Louis, Missouri, True North offers a full range of services to wireless carriers, fiber companies, tower owners, and equipment manufacturers.
Both Mabeck and Viking are providers of wireless telecommunications solutions with service offerings including the installation and maintenance of cell tower equipment.
Bill Beans, Congruex’s CEO, said, “Our acquisitions of Mabeck and Viking deepen our wireless capabilities in the Midwest. I am truly pleased to build upon our position as the leading turn-key design-build solution provider and enhance our service offerings for our customers. The teams at both companies have built strong organizations and we look forward to working with everyone at Mabeck and Viking to accelerate growth.”
“We are excited to partner with Bill and the teams at True North and the broader Congruex organization,” Rich Barrett, founder and co-owner of Mabeck and Viking, stated. “This transaction presents a great opportunity for us to increase our services to our customers and provide a high-quality future for our team,”
Steve Myers, True North’s general manager, added, “I’m confident that this transaction will greatly benefit all customers and employees alike. Operating as one team, our combined company will deliver faster results to our clients and better equip them with the resources they need to rollout critical 5G infrastructure over the next three years.”
Mabeck and Viking are the eleventh and twelfth strategic acquisitions that Congruex has completed since establishing a partnership with Crestview Partners in 2017, a New York-based private equity firm with background in the cable, telecommunications and business services industries.
Congruex was advised by Berg Hill Greenleaf Ruscitti LLP. Advisors to the sellers were Guinness & Buehler LLC.