Tower Engineering Professionals (“TEP”)
Prairie Capital Fund V
|Transaction Type||Growth Buyout with Founder and Management|
|Investment Date||December 2014|
Multi-discipline engineering firm, primarily focused on servicing existing telecommunication towers and infrastructure. The Company’s services include inspection, structural modification, civil engineering, surveying, environmental, geotechnical, structural design and site acquisition.
- Attractive opportunity to partner with Management to implement new financial and operating systems to scale TEP in a disciplined manner
- Robust industry demand as carriers strive to add LTE and 5G capabilities to keep up with accelerating mobile broadband usage and upgrade existing networks.
- Scale and licensing capable of servicing the largest tower owners and carriers across North America
- Opening offices in new geographical areas will increase presence and provide incremental business opportunities driven by regional needs
- Human Capital
- Sales & Marketing
- Add-on Acquisitions