Tiger Infrastructure Partners Invests in ELM Utility Services

In The News
November 20, 2025

Ropes & Gray advised Tiger Infrastructure Partners in a transformational growth investment in ELM Utility Services, a leading provider of outsourced public utility locating services in the United States. The transaction was announced in a November 18 press release. Deal terms were not disclosed.

Tiger Infrastructure Partners is an innovative private equity firm focused on providing transformational growth capital to middle market infrastructure companies, with offices in New York and London.

ELM Utility Services has grown significantly over the past 25 years and its 1,400+ vehicle fleet currently serves more than 60 utilities across 13 states in the western and central United States. Tiger Infrastructure will provide growth capital to expand the Company's operations nationally.

The Ropes & Gray team included private equity partners Martin Ruhaak and Gabrielle DiBernardi, IP transactions partner Emily Karlberg, finance partners Jeffrey Lang and Arek Maczka, tax partner Tristan Evans-Wilent, executive compensation & employee benefits partner Matt Jones and employment partner Greg Demers.