Network Connex Acquires Advantage Engineers
15 Avril 2021 - 4:00PM
Business Wire
Network Connex, a Chicago-based provider of mission critical
network deployment solutions in fiber optics, data centers, and
wireless and video networks, with operations in the United States
and Europe, announced today it has acquired Advantage Engineers.
Advantage Engineers is based in Columbia, MD, and is a nationwide
engineering and design firm bringing innovative solutions to
telecommunications infrastructure projects. Advantage Engineers has
substantial operations on the East Coast and on the West Coast,
where it goes to market through its Synergy brand.
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Advantage Engineers offers specialized solutions, such as site
acquisition, planning and surveying, civil, structural and
electrical engineering, zoning and permitting, construction
management, and inspection and verification for both wireless and
fiber deployments. Advantage Engineers will operate under the
Network Connex umbrella, forming the backbone of its Engineering
& Professional Service Line and complementing Network Connex’s
existing Fiber, Data Center, and Wireless and Construction Service
Lines. Advantage Engineers will maintain both the Advantage
Engineers and Synergy operating brands.
“The acquisition of Advantage Engineers aligns perfectly with
Network Connex’s strategic objective to expand our engineering and
professional services capabilities and strengthen our nationwide
footprint, especially on the West Coast and in the Mid-Atlantic
region,” said Jim Estes, CEO of Network Connex. “The combined
offering will allow us to better serve our customers and provide an
end-to-end solution, from initial design and engineering through
construction, upgrades, and ongoing maintenance across data
centers, fiber and wireless infrastructure.”
“We are very excited to join the Network Connex family,” said
John McGrath, CEO of Advantage Engineers. “We see tremendous
opportunities to continue to grow our business both organically and
by joining forces with the other Network Connex service lines to
serve our customers more holistically.”
Network Connex has continued to expand its operations across the
country. In December 2019, it expanded its Fiber, Wireless and
Construction Service Lines through the acquisition of Vertical
Communications, LLC (VERTICOM), allowing Network Connex to offer
turnkey solutions to the nation’s leading wireless, small cell and
fiber providers in the South-Central United States. In June 2020,
Network Connex expanded its Fiber Service Line through the
acquisition of Precision Design Services, Inc. (PDS), a fiber
network engineering business serving the greater New York area.
“Advantage Engineers is a leading network engineering and
professional services provider that is a great fit with the broader
offering of Network Connex’s existing service lines,” said Chris
Suan, President and Senior Managing Director of ORIX Capital
Partners, the private equity platform of ORIX Corporation USA,
whose managed fund acquired Network Connex in November 2018. “This
acquisition will deepen Network Connex’s strong customer
relationships and significantly increase engineering and
professional services capabilities, and allow Network Connex to
provide an end-to-end service suite to blue-chip customers. We are
excited to see Network Connex further benefit from the growth
trends in the fiber, data center and wireless infrastructure
space.”
Truist Securities acted as exclusive financial advisor to
Advantage Engineers.
About Network Connex
A leader in mission-critical network deployment solutions,
Network Connex provides premium services to the most sophisticated
networking and data infrastructure companies throughout the United
States and Europe. Our clients include data center operators,
hyperscale cloud companies, wireless service providers, network
service providers, cable MSOs and Fortune 500 enterprises. The
company's comprehensive solutions platform includes fiber optics
installation, splicing and testing, data center infrastructure
deployment, and wireless network engineering and installation,
which we perform through our Engineering & Professional
Services, Fiber, Data Center, Wireless and Construction Service
Lines. For more information, visit
https://www.networkconnex.com
About Advantage Engineers, LLC
Advantage Engineers provides a full range of consulting and
engineering services to guide wireless, broadband, and fiber
infrastructure projects from design through deployment. With 18
locations, more than 300 highly trained staff, and Professional
Engineers (P.E.) licensed in all 50 states plus the District of
Columbia, our agile workforce can rapidly accommodate your
project's changing requirements. Our responsiveness to client
needs, the latest technology and tools, fair pricing model,
commitment to safety, and determination to stay ahead of industry
trends position us as a top-ranked engineering firm. To learn more
about Advantage Engineers, visit www.AdvantageEngineers.com
About ORIX Capital Partners
ORIX Capital Partners (OCP), the operationally-focused private
equity team of ORIX Advisers, LLC and a wholly-owned subsidiary of
ORIX Corporation USA (ORIX USA), manages a fund that seeks to make
direct equity investments in established middle-market companies
throughout North America, spanning a variety of industries,
including industrial services, business services, and general
industrials. For more information about OCP and its capabilities,
please visit www.orixcapitalpartners.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20210415005171/en/
ORIX Corporation USA Rohini Pragasam Rohini.pragasam@orix.com
Tel: 646.319.3680
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