Altos Partners completed the acquisition of Allied Underground from Generational Capital Markets.

Altos Partners, a private equity firm, completed the acquisition of Allied Underground, an infrastructure projects manager, from Generational Capital Markets, a merger and acquisition advisory firm. Financial terms were not disclosed. “I am excited to bring in a partner to support Allied’s continued growth trajectory. We’ve enjoyed serving our community for many years and will now better handle the growing needs and demands of our robust market with additional equipment, personnel, and other resources. We remain committed to maintaining the Company’s reputation for quality service and customer responsiveness while we meet our customers’ expansion requests across the greater Austin metropolitan market," Leonard Meredith, Allied Underground CEO.