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Velocitel Acquires Assets of FDH


News provided by

Velocitel, Inc.

Feb 17, 2015, 09:00 ET

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NORTHBROOK, Ill., Feb. 17, 2015 /PRNewswire/ -- Velocitel, Inc. ("Velocitel"), a wireless network services company, has acquired the assets of FDH, a multidisciplinary engineering, investigation and construction company.

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"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.

About Velocitel:
Velocitel is a $200M wireless network services company delivering a complete suite of professional services to acquire, design, engineer, implement, upgrade and maintain wireless infrastructure sites.  The company has designed, constructed and deployed over 50,000 wireless sites since 1987. Velocitel has 500 employees nationwide.  The company is an industry leader in safety with extensive training systems in place, and a member of the NATE (National Association of Tower Erectors) Safety Committee.  The company has acquired other complementary companies including SiteSafe, PS&W Engineering, and the business of Doty Moore Tower Services.  Velocitel is headquartered in Northbrook, Illinois with offices in California, Georgia, Minnesota, New York, North Carolina, Oregon, Pennsylvania, Texas and Virginia.  For further information on Velocitel and its services, visit the company's Web site at www.velocitel.com

About FDH:
FDH is a multidisciplinary consulting firm that provides engineering, field investigation and inspection, and construction services to clients in the telecommunications, commercial, industrial, institutional and governmental sectors. Practice areas include civil engineering, geotechnical engineering, structural engineering, nondestructive testing, construction services, and research and development. These areas work together seamlessly to deliver turnkey projects that meet the needs of FDH clientele. FDH projects cross all 50 states and include international work in the U.S. territories and Pacific Rim. Since its beginnings in university research, leading to three U.S. patent awards, FDH has maintained a strong focus on innovation in every aspect of its operation and is recognized as a true global leader in the engineering investigation of civil and industrial infrastructure. FDH is headquartered in Raleigh, North Carolina, with offices in St. Louis, MO, Irvine, CA, Baton Rouge, LA, Troy, OH, and Chandler, AZ.  For further information on FDH, visit the company's Web site at www.fdh-inc.com.

For more information:

Steve Lundin
Email
(312) 391-8007
www.velocitel.com

SOURCE Velocitel, Inc.

Related Links

http://www.velocitel.com

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