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.
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.
