H.I.G. Infrastructure Acquires Tower Engineering Professionals

H.I.G. Infrastructure, an investment fund managed by H.I.G. Capital, has completed the acquisition of Tower Engineering Professionals (TEP) from Prairie Capital V. TEP, headquartered in Raleigh, North Carolina, is a multi-discipline engineering and maintenance services provider to tower, mobile network and telecom infrastructure customers across the U.S. and Canada; Audax Private Debt provided second-lien financing to support the transaction.