Tower Engineering Professionals (TEP) Acquires Utilis Engineering with Support from Prairie Capital V
March 7, 2019
Tower Engineering Professionals (TEP), backed by Prairie Capital V, acquired Utilis Engineering to expand TEP’s capabilities into fiber-optic and small-cell engineering, strengthening its telecom engineering, maintenance, inspection and site-acquisition services. The deal is an add-on to TEP’s national platform and is intended to accelerate service-line expansion, broaden channel reach, and create cross-selling opportunities between the businesses.
- Buyers
- Tower Engineering Professionals, Prairie Capital V, LP
- Targets
- Utilis Engineering
- Platforms
- Tower Engineering Professionals
- Industry
- Telecommunications
- Location
- North Carolina, United States
- Transaction Type
- Addon
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