Ropes & Gray Advises H.I.G. Infrastructure in Acquisition of Tower Engineering Professionals
Ropes & Gray advised H.I.G.Infrastructure, an affiliate of H.I.G. Capital, in the acquisition of Tower Engineering Professionals, Inc. (TEP), a leading full-service provider of engineering and maintenance services to tower, mobile network, and other telecom infrastructure customers. Financial terms were not disclosed. The transaction was announced on April 13 in a press release.
Headquartered in Raleigh, NC, TEP is one of the largest multi-disciplined engineering services firms focused on the telecommunications industry, completing over 100,000 projects annually. The firm has 35+ locations across North America.
H.I.G. Capital is a leading global alternative investment firm with $55 billion of equity capital under management. H.I.G. Infrastructure focuses on making value-add and core plus investments in the infrastructure sector.
The Ropes & Gray team was led by private equity partner Mike Roh, private equity associates Jeremy Zucker and Jessica Cooney, tax partner Benjamin Rogers, employment & benefits partners Matt Jones and Stephanie Bruce, finance partners Stephanie Birkmann and Nichole Lopez-Tackett, litigation & enforcement partners David Hennes, Chong Park, Nick Berg, Ruchit Patel and Deidre Johnson, IP transactions partner Violetta Kokolus, data, privacy & cybersecurity partner Ed McNicholas, health care partner Christina Bergeron, and real estate investments & transactions partner Peter Alpert.