News & Blogs

ConstructSecure Recognizes Network Installation Specialists (NIS), a NextEdge company, as one of its Safest Contractors & Vendors

Lexington, MA : ConstructSecure, Inc., a cloud-based mobile platform that empowers clients to make smarter risk management decisions, has announced the recipients of its prestigious safety awards. Network Installation Specialists LLC (NIS), a NextEdge company, has received the Gold Safety Award. This award is presented to companies who register a safety score between 85% – 95% in the Safety Assessment Program administered by ConstructSecure.

NIS has done a remarkable job of implementing a strong safety management system. In addition to keeping employees safe, safety performance of this caliber should reduce their insurance premiums,” says Garrett Burke, CEO of ConstructSecure.

“The safety of our crew members every day is one of our most important objectives.  We want to bring all of our people home to their families every night, so this award is very meaningful to our organization.”: Josh Cavaretta, President, NIS, a NextEdge Company.

The Safety Assessment Program reviews a company’s historic safety performance and current safety management systems. The platform normalizes data for vendor or contractor size and type of work performed.

The program provides thorough, objective and consistent evaluation of company performance so clients can identify, monitor, and manage risk smarter. The results provide a strong indicator of how a vendor or contractor values safety and a reliable predictor of future performance.

About NIS and NextEdge: As part of the NextEdge family of companies, NIS builds solutions for intelligent infrastructure, enabling connected communities everywhere. From wireless cell sites to EV charging stations to IoT sensors and beyond, we design and deliver the necessary support for the technologies people use every day. Our teams bring the right approach, experience, and mindset to offer the highest quality of work in the industry. For us, the towers, antennas, sensors, and chargers we build aren’t just pieces of hardware. They’re the essential foundations for people everywhere to thrive.

About ConstructSecure: ConstructSecure, Inc. is a global SaaS company. Our cloud- based and mobile platform empowers clients to make better risk management decisions. Proprietary algorithms, developed at an Ivy League University, leverage safety and financial indicators to accurately pre-qualify vendors. The data captured by our suite of solutions ensures that our clients, and their subcontracted vendors, are not only meeting regulatory standards but are approaching safety in a way that positively impacts their number of injuries, loss rate, EMR, defaults, insurance premiums, and their overall financial health.

NextEdge Networks Ranks No. 1,668 on the 2021 Inc. 5000, With Three-Year Revenue Growth of 275% Percent

NEW YORK, August 17, 2021 – Inc. magazine today revealed that NEXTEDGE NETWORKS is No. 1,668 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Intuit, Zappos, Under Armour, Microsoft, Patagonia, and many other well-known names gained their first national exposure as honorees on the Inc. 5000.

“We are honored to be included in such prestigious company. We believe that our recent combination of regional players in the 4G/5G space: Modus, Summit Cellular, NIS, Spectrum Services, TowerSource, and Source Broadband, all under one coast-to-coast umbrella, is what has positioned us for strong growth, now and into the future,” says Chris Maguire, CEO of NextEdge Networks.

Not only have the companies on the 2021 Inc. 5000 been very competitive within their markets, but this year’s list also proved especially resilient and flexible given 2020’s unprecedented challenges. Among the 5,000, the average median three-year growth rate soared to 543 percent. Together, those companies added more than 610,000 jobs over the past three years.

Complete results of the Inc. 5000 list, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at http://www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc., which came available on newsstands on August 20.

“The 2021 Inc. 5000 list feels like one of the most important rosters of companies ever compiled,” says Scott Omelianuk, editor-in-chief of Inc. “Building one of the fastest-growing companies in America in any year is a remarkable achievement. Building one in the crisis we’ve lived through is just plain amazing. This kind of accomplishment comes with hard work, smart pivots, great leadership, and the help of a whole lot of people.”

About NextEdge Networks

NextEdge Networks is a cutting-edge company that provides a range of 4G / 5G networking and telecom infrastructure services, ranging from small cell to macro tower construction, site acquisition, engineering services, and installation of electric vehicle charging stations. https://nextedgenetworks.com
CONTACT:     Erica Moon, Chief Marketing Officer, emoon@nextedgenetworks.com

More about Inc. and the Inc. 5000

Methodology
Companies on the 2021 Inc. 5000 are ranked according to percentage revenue growth from 2017 to 2020. To qualify, companies must have been founded and generating revenue by March 31, 2017. They must be U.S.-based, privately held, for-profit, and independent—not subsidiaries or divisions of other companies—as of December 31, 2020. (Since then, some on the list may have gone public or been acquired.) The minimum revenue required for 2017 is $100,000; the minimum for 2020 is $2 million. As always, Inc. reserves the right to decline applicants for subjective reasons. Growth rates used to determine company rankings were calculated to three decimal places. There was one tie on this year’s Inc. 5000. Companies on the Inc. 500 are featured in Inc.’s September issue. They represent the top tier of the Inc. 5000, which can be found at http://www.inc.com/inc5000.

About Inc. Media
The world’s most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including web sites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Vision Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit http://www.inc.com.
For more information on the Inc. 5000 Vision Conference, visit http://conference.inc.com/.

NextEdge Combines Modus, Spectrum and Tachyon Holdings to Create a Truly Nationwide Smart Community Infrastructure Firm

DENVER, July 7, 2021 /PRNewswire/ — NextEdge Neworks (“NextEdge”) announced today that, with investment from private equity firm Bow River Capital (“Bow River”), it has completed the acquisitions of Atlanta-based SBS Services Holdings, LLC and its subsidiaries, a portfolio company of MSouth Equity Partners, (“Tachyon”) and Las Vegas-based Spectrum Services, LLC (“Spectrum”).

The transactions have created a premier turnkey wireless and wireline telecommunications service provider with a coast-to-coast presence that will continue to play an important role in the nation’s 5G and internet fiber buildouts, as well as Electric Vehicle charging station builds and Smart City IoT. These buildouts will be a key enabler of transformational changes across industries and radically improve how people and devices connect. The deployment of the next generation of wireless and wireline technologies has the potential to create upwards of one hundred thousand skilled jobs for Americans. Across the United States, NextEdge’s combined offerings provide comprehensive telecommunications infrastructure services, which address everything from site acquisition, installation, modification, and maintenance of small cell and macro sites, as well as fiber construction. The collective enterprise is uniquely positioned to continue to serve the needs of its customers and communities as it supports the deployment of the next generation of network technologies.

“Today is an exciting and transformational day for our companies, one that values the historic success of our collective operations and brings with it tremendous opportunity for our future accomplishments. Our combined companies will continue a legacy of customer centric innovation and service through an expanded platform of solutions supported by our highly experienced and dedicated workforce,” said Chris Maguire, CEO of NextEdge.

“The three businesses importantly share common founding principles, core values and cultures, providing a strong foundation for the combination,” said Chris Wener, CEO of Spectrum. “The complimentary nature of these businesses creates a company with a coast-to-coast footprint, including market presence in the largest wireless markets in the U.S. It also boasts full turnkey end-to-end wireless telecom services, including small cell and macro capabilities as well as wireline construction. All of these services will be performed by a combined team of 500+ who are the absolute best this industry has to offer,” added Chris Amato, CEO of Tachyon.

Bow River Capital seeks to invest in leading middle market companies that advance the country’s infrastructure by improving built environments and our network infrastructure. “The unification of these three businesses will strengthen our value-based customer approach by addressing complex network deployment challenges while simplifying the process for new and existing customers”, commented Greg Hiatrides, Managing Director at Bow River Capital. Robert Fortier, Vice President at Bow River Capital, commented, “the evolution of connectivity and communication all depend upon a densified next generation wireless network, and we are proud to partner with the companies that are helping make this a reality. On behalf of its customers and their communities, NextEdge solves the challenges of network deployment and densification. We look forward to continuing our journey with the NextEdge team.”

Harris Williams served as financial advisor to Tachyon.

KeyBank Capital Markets served as lead left arranger and administrative agent and Citizens served as lead right arranger on the credit facility for the transactions.

Greenberg Traurig served as legal counsel for Bow River.

About NextEdge: NextEdge is a leading provider of smart community infrastructure services, including telecom & network infrastructure, electric vehicle charging stations, fiber construction, and smart city IoT. NextEdge has deployed thousands of wireless telecommunications facilities in the most challenging municipalities across the United States, and has emerged as an industry leader in designing, building, retrofitting, and modifying infrastructure, not only to the satisfaction of its customers, but also the communities it serves.

NextEdge Networks and Modus Certified as First Wireless Services and Infrastructure B Corp in the United States

Press Release Link:  https://globenewswire.com

They are wholly focused on improving wireless connectivity as a catalyst for more sustainable cities, communities and buildings. NextEdge Networks

SAN FRANCISCO, June 05, 2018 (GLOBE NEWSWIRE) — NextEdge Networks and its sister company Modus are proud to announce they are the first wireless services and infrastructure companies to be Certified B Corporations® in the United States.  NextEdge Networks and Modus join the global community of Certified B Corps with one unifying goal: to redefine success in business by using business as a force for good™.  B Corps™ are certified by the nonprofit B Lab® to meet rigorous standards of social and environmental performance, improving the quality of life in communities through business.

“Our B Corp status aligns with the mission of our customers, which includes leading municipalities and landlords, who employ technological innovations that can improve resource efficiency, save money, and help make their communities and buildings more economically resilient,” says Jeff Tannenbaum, Chairman of Titan Grove, the majority funder of NextEdge Networks.

“As the first wireless services and infrastructure B Corp in the United States, we feel privileged with the opportunity to have a positive impact on the cities and broader communities in which we work and reside,” says Doug Wiest, CEO of NextEdge Networks.  “At a time when it is estimated that nearly one-fourth of all urban residents in the U.S. lack access to high-quality and affordable broadband, we are in a unique position to help solve the Digital Divide for the many cities and residents that are facing these challenges.”

NextEdge Networks and Modus are wholly focused on improving wireless connectivity as a catalyst for more sustainable cities, communities and buildings.  The companies partner with municipalities to help them process wireless applications and provide database support as well as services to enable Internet of Things (IoT) initiatives.  Additionally, NextEdge Networks and Modus work with building owners and operators as well as IoT providers to improve in-building wireless connectivity and deploy smart city solutions, democratizing connectivity for tenants and communities, and directly aligning with the principles of B Corps.

To become a Certified B Corp, NextEdge Networks and Modus met stringent performance requirements outlined in the B Impact Assessment, a globally-recognized standard that looks at environmental performance, how a company treats its employees, the impact the company has on its customers and the broader community, as well as the company’s accountability, governance, and transparency practices.  The companies’ mission aligns with the ethos behind the B Corp movement of aiming to be the best not just in the world but for the world.

“The B Corp ethos matches the heart of our corporate culture and will challenge us to become an even better company,” says Erik Corkery, EVP of Modus.  “We look forward to seeing the continued positive impact our company will have on transforming cities into smart communities with smart buildings through better wireless connectivity, and serving as a model for responsible business practices.  This is another innovation and a first from our company.”

Founded in 2005 in San Francisco and Silicon Valley and now with a nationwide presence, NextEdge Networks and Modus have since grown through continuous innovation and exceeding customers’ expectations to become the leading, next-generation wireless infrastructure services provider in the U.S.   Company innovations and highlights include the design and installation of the nation’s first 5G evolution site and market-wide 5G network, and the country’s first 3.5 GHz Citizens Broadband Radio Service (CBRS) support network.  NextEdge Networks is majority funded and owned by Titan Grove in partnership with management.

For more information about NextEdge Networks, visit www.nextedgenetworks.com.

To learn more about Modus Services, visit www.modus-corp.com.                                                                                        

About NextEdge Networks
NextEdge Networks provides innovative solutions and capital for the deployment of wireless infrastructure, related fiber transport and data aggregation.  As a strategic partner to wireless providers and building owners, they facilitate upgrades and deployment of wireless infrastructure which supports the next generation of wireless services. Their solutions seek to create a long-term value proposition for all parties which are mindful of rapidly developing technology and the need to continually evolve as data usage and applications expand over time.   www.nextedgenetworks.com

About Modus Services
Founded in 2005, Modus has been a leader in wireless infrastructure site acquisition, construction and turnkey deployments, completing extensive work on behalf of all the major wireless carriers as their needs have evolved. Modus maintains a full suite of services, including self-performance of construction and last-mile fiber provisioning, allowing for control and accountability of every step of the deployment process.  Modus has become the leading expert on small cell deployments, having executed over 2,000 small cell and DAS nodes in the last two years alone.  www.modus-corp.com

About Titan Grove Holdings
Titan Grove is a private holding company focused on building mission-driven for-profit businesses that promote sustainable capitalism.  sPower, which it co-founded and helped build into the largest solar utility in the U.S., is indicative of Titan Grove’s strategy.   www.titangrove.com

Media Contact:
iMiller Public Relations for NextEdge Networks
Tel: +1.866.307.2510
Email: pr@imillerpr.com

 

NextEdge Networks and Modus Merge to Form Leading Provider of Turn-key Small Cell Services & Infrastructure Solutions For Both Outdoor and In-Building Wireless Networks

Financial Backing From Titan Grove With Continued Support
To Provide Full Suite of Services, Including Project Financing

SAN FRANCISCO, CASeptember 12, 2017NextEdge Networks and Modus have finalized the merger of their two companies to create a full turn-key provider of services and infrastructure solutions to enable the deployment of the next generation of wireless infrastructure. The combined company has become the recognized expert in the burgeoning field of small cell and DAS deployments, having jointly designed, permitted and executed over 4,000 node deployments across 40+ states. Such deployments have also included over 3,500 fiber to cell installations, the 1st micro cell deployment, the 1st western US small cell installation, the 1st US 5G deployment and numerous high-profile DAS installations.

NextEdge Networks is led by long time leaders in the development, deployment and ownership of wireless infrastructure over the last twenty years.

  • Doug Wiest, CEO, was formerly CEO of LightTower, COO of American Tower, EVP of EdgeConnex and held executive positions at Nextel.
  • Chris Maguire, CFO, was formerly CFO of Golden State Towers, EVP of American Tower and has held CFO and strategic consulting positions across the wireless, radio and renewable energy fields
  • Chad Abbott, Erik Corkery and Ryan Crowley, who founded Modus in 2005, will become EVP’s of the new entity and continue to lead the services activities of NextEdge Networks. They bring over twenty years of experience working with major wireless carriers and OEM’s in siting and deploying multiple generations of wireless infrastructure.

The company will provide a range of services and project financing solutions, focusing on small cell deployments including cutting edge site acquisition and jurisdictional partnerships, construction and construction management, program management, fiber deployment, in-building DAS and small cell installations and maintenance.

Doug Wiest, CEO, said, “The rapid growth of data usage is causing increasing demands on our wireless infrastructure and wireless providers which require innovative solutions aligning the interests of all stakeholders. Our combined capabilities, as well as our experience and success in the most difficult of jurisdictions, allow us to partner with wireless carriers, municipalities and business owners to create long term alignment to address the impending need of network densification.”

The Modus Founders said “The combination of Modus with NextEdge Networks, along with the financial backing from Titan Grove, is a natural evolution of the rapid growth of Modus. Our combined capabilities and access to capital will allow us to expand our breadth and reach to further support our customers expansion plans”

NextEdge, which will continue to be headquartered in San Francisco, was founded in November 2016 when Titan Grove purchased the small cell assets of EdgeConnex. Scott Troeller, Partner at Titan Grove, said, “We founded NextEdge Networks to provide solutions we felt were missing to enable the next generation of wireless infrastructure to flourish. In less than a year, we have established a significant platform of end-to-end capabilities and expertise allowing us to complete deployments with speed and quality few can match”. Troeller further added, “Our unique funding structure and access to capital combined with the talents of our deep management team will bring creative solutions needed to improve the quality and speed of wireless communications both in-building and outdoors.”

The company has been organized as our nation’s first wireless infrastructure Benefit Corporation (“B Corp”), which enables the board of directors to pursue a mission that will have a positive impact on society, the environment, team members, business partners, and shareholders. “Wireless networks are the critical backbone which will empower smartcities and smartbuildings, and we are delighted to have an extraordinary executive team focused on growing the company as a highly innovative, mission driven B Corp”, stated Jeffrey Tannenbaum, Chairman.

For more information about NextEdge Networks, visit www.nextedgenetworks.com.

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About NextEdge Networks: NextEdge provides innovative solutions and capital for the deployment of wireless infrastructure, related fiber transport and data aggregation. As a strategic partner to wireless providers and building owners, NextEdge facilitates upgrades and deployment of wireless infrastructure which supports the next generation of wireless services. Our solutions seek to create a long term value proposition for all parties which are mindful of rapidly developing technology and the need to continually evolve as data usage and applications expand over time. www.nextedgenetworks.com

About Modus Services: Founded in 2005, Modus has been a leader in wireless infrastructure site acquisition, construction and turnkey deployments, completing extensive work on behalf of all the major wireless carriers as their needs have evolved. Modus maintains a full suite of services, including self-performance of construction and last-mile fiber provisioning, allowing for control and accountability of every step of the deployment process. Modus have become the leading expert on small cell deployments, having executed over 2,000 small cell and DAS nodes in the last two years alone. www.modus-corp.com

About Titan Grove Holdings: Titan Grove is the family office of Jeffrey Tannenbaum, the founder of Fir Tree Partners, a 25 year old multi-strategy fund known for its innovation in hybrid private-public type investing strategies. Titan Grove’s capital is permanent, allowing it to pursue investments and long term business building without the typical constraints of traditional private equity. Titan Grove strives to invest in businesses which provide services and products that enhance society and the quality of people’s lives. Indicative of Titan Grove’s strategy, is sPower, which it founded with Fir Tree and built into the largest solar utility in the US in less than four years until its recent sale to AES and AIMCO for $1.6 billion. www.titangrove.com

About Benefit Corporation: A new legal tool to create a solid foundation for long term mission alignment and value creation. http://benefitcorp.net/

Media Contact:
iMiller Public Relations for NextEdge Networks
Tel: +1.866.307.2510
Email: pr@imillerpr.com