Audax-backed H.I.G. Capital completed the acquisition of Tower Engineering Professionals.

Audax-backed H.I.G. Capital, a global alternative investment firm, completed the acquisition of Tower Engineering Professionals, a telecommunication engineering and construction services provider. Financial terms were not disclosed. “We are excited to enter into this new chapter of growth with H.I.G. TEP is one of the most experienced and successful telecom-focused engineering firms, with a turnkey offering that has resulted in strong growth since the Company’s inception. We look forward to partnering with H.I.G., who brings significant experience and resources in both the infrastructure services and telecom sectors, and continuing to provide industry leading customer service,” Andy Haldane, Tower Engineering Professionals CEO.