Velocitel, Inc. (“Velocitel”), a wireless network services company, has acquired the assets of FDH, a multidisciplinary engineering, investigation and construction company…
Velocitel, Inc. (“Velocitel”), a wireless network services company, has acquired the assets of FDH, a multidisciplinary engineering, investigation and construction company.
“This acquisition expands the footprint of Velocitel into new areas that are part of our growth strategy. FDH is one of the most respected engineering companies in the field, with a deep breadth of knowledge in civil and water, geotechnical, and structural engineering. Their capabilities are a natural complement to our existing suite of engineering and construction services,” says Kevin G. Hostetler, CEO of Velocitel.
“The synergies between FDH and Velocitel make this combination an easy decision. Collectively, the hybrid company will be able to provide a wide variety of benchmark setting services to support the critical backbone of our country’s infrastructure: from heavy civil to wireless communications. This is a win-win transaction that marries some of the best and the brightest in the fields of engineering and construction,” says Chris Murphy, President and CEO of FDH.
The newly combined company will be known as FDH Velocitel and becomes one of the largest wireless engineering services companies in the industry. FDH Velocitel will be headquartered in Northbrook, Illinois.
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