Thayer Infrastructure Services Acquires J. Lee Associates, Inc.

Thayer Infrastructure Services Acquires Heartland Solutions Corp.

February 22, 2022

Infrastructure

Thayer Infrastructure Services, LLC (TIS) completed the acquisition of Heartland Solutions Corp., a wireless communications construction firm headquartered in Indianapolis, Indiana. Heartland will operate under TIS's American Cell Enterprises operating company as an add-on to expand TIS's wireless and tower services; terms were not disclosed.

Thayer Infrastructure Services Acquires Dynetek Solutions, LLC

December 7, 2023

Infrastructure

Thayer Infrastructure Services, LLC completed the acquisition of Dynetek Solutions, LLC, a Charlotte-based provider of horizontal directional drilling and underground utility installation services. Dynetek's founder Shenar Wood will continue to oversee the business as it is integrated into the TIS platform, which is owned by private equity firm Calera Capital; the deal expands TIS's capabilities in the utility, telecommunications, and renewable energy markets in the Southeastern U.S.

Thomas H. Lee Partners Acquires Majority Stake in Insurance Technologies

September 14, 2020

Cloud & SaaS

Thomas H. Lee Partners (THL) has agreed to acquire a majority stake in Insurance Technologies, LLC from NexPhase Capital. The investment will support Insurance Technologies' continued development of a SaaS cloud-based sales and regulatory automation platform for the insurance and financial services industries and enable further strategic acquisitions.

Bluewave Technology Group Acquires J.I.L. Communications

September 14, 2023

Telecommunications

Bluewave Technology Group has acquired J.I.L. Communications, Inc., a Louisville-based telecommunications advisory and management firm; financial terms were not disclosed. The acquisition—Bluewave's fourth this year—adds JIL's network, hybrid cloud and contact-center advisory capabilities and more than 350 active customers (notably in healthcare and manufacturing), strengthening Bluewave's technical capability and presence in Kentucky.

ATIS Acquires Bayline Lift Technologies

December 23, 2025

Engineering Services

ATIS, a portfolio company of Thompson Street Capital Partners (TSCP), has acquired Bayline Lift Technologies, an independent elevator inspection and consulting firm headquartered in Norfolk, Virginia. The add-on strengthens ATIS's footprint in the Mid-Atlantic and expands its inspection and consulting capabilities for government and private-sector clients.

Lee Equity Partners and Twin Point Capital Acquire Alliance Corporation

September 22, 2021

Telecommunications

Lee Equity Partners and Twin Point Capital have acquired a controlling interest in Alliance Corporation from Ironbridge Equity Partners. Alliance, a Mississauga-based value-added distributor of wireless communications technology with cable termination capabilities and a growing U.S. presence, will be led by existing management who retain a meaningful equity stake.