Infrastructure Acquisitions in Wisconsin

New Mountain Capital has made a majority investment in Salute Holdings, a provider of integrated lifecycle services for data centers, with existing investor LLR Partners retaining a significant minority stake. The investment will support Salute’s growth trajectory, expansion of technology-enabled offerings, and continued focus on recruiting and training talent across its global footprint.

TD&I Cable Maintenance, together with Tower Arch Capital, has acquired Underground Systems Utility, LLC and Underground Systems Utility Contractors, LLC. The founder Kent Walbeck will remain in a go-forward partnership; the deal expands TD&I’s underground telecom and utility services footprint in Wisconsin and the Upper Peninsula of Michigan.

TD&I Cable Maintenance, together with sponsor Tower Arch Capital, acquired Underground Systems Utility, LLC and Underground Systems Utility Contractors, LLC from founder Kent Walbeck. The add-on expands TD&I’s underground telecom and utility installation and maintenance capabilities and strengthens its presence in Wisconsin and the Upper Peninsula of Michigan.