Tower Engineering Professionals

Raleigh, United States Founded: 1997 • Age: 29 yrs Acquired By H.I.G.
Security systems and acquisition services are provided to alarm dealers.
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About Tower Engineering Professionals

Tower Engineering Professionals is a company based in Raleigh (United States) founded in 1997 was acquired by H.I.G. in April 2023.. Tower Engineering Professionals has completed 1 acquisition, including Pier Structural Engineering. Tower Engineering Professionals offers products and services including Wireless Services and Engineering Services.

  • Headquarter Raleigh, United States
  • Sectors
    Telecommunications
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Tep Opco Llc
Operational Areas
Telecommunications → Telecommunications Infrastructure & Services
Key Metrics
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Products & Services of Tower Engineering Professionals

Tower Engineering Professionals offers a comprehensive portfolio of products and services, including Wireless Services and Engineering Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Site acquisition and project management services are offered for wireless networks, ensuring infrastructure development is handled efficiently.

Civil, structural, and geotechnical engineering services are provided to support construction and maintenance of telecommunications towers.

People of Tower Engineering Professionals
Headcount 1000-5000
Employee Profiles 63
Employee Profiles
People
William H. Martin
President
People
Seth Harrelson
SVP, Fiber Engineering
People
Jamie Reynolds
Director
People
Luke B. Upchurch
Department Manager Inspections, Mappings, Raleigh

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Funding Insights of Tower Engineering Professionals

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2015 Amount Private Equity Round - Tower Engineering Professionals Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Tower Engineering Professionals

Tower Engineering Professionals has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Aldine Capital, Prairie Capital and Cognitive Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Junior capital financing is offered to lower middle-market companies.
Founded Year Domain Location
Prairie Capital is focused on scaling lower middle market companies.
Founded Year Domain Location
A private equity firm based in Chicago, investing in technical and business services.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Tower Engineering Professionals

Tower Engineering Professionals has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Pier Structural Engineering. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Agricultural machinery and implements are manufactured and distributed.
2005
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Tower Engineering Professionals

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Tower Engineering Professionals Comparisons

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Competitors of Tower Engineering Professionals

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Tower Engineering Professionals

Frequently Asked Questions about Tower Engineering Professionals

When was Tower Engineering Professionals founded?

Tower Engineering Professionals was founded in 1997 and raised its 1st funding round 18 years after it was founded.

Where is Tower Engineering Professionals located?

Tower Engineering Professionals is headquartered in Raleigh, United States. It is registered at Raleigh, North Carolina, United States.

What does Tower Engineering Professionals do?

Tower Engineering Professionals was founded in 1997 and is headquartered in Raleigh, United States. Operations focus on the security sector, where advanced security and automation products are supplied to alarm dealers alongside funding and growth support. Acquisitions of alarm companies are handled via valuations, due diligence, and efficient closing procedures. A dealer program is maintained, featuring equipment discounts and ongoing support to aid business expansion and customer service operations.

What products or services does Tower Engineering Professionals offer?

Tower Engineering Professionals offers Wireless Services and Engineering Services.

How many acquisitions has Tower Engineering Professionals made?

Tower Engineering Professionals has made 1 acquisition, including Pier Structural Engineering.

Who are Tower Engineering Professionals's investors?

Tower Engineering Professionals has 4 investors. Key investors include Aldine Capital, Prairie Capital, Cognitive Capital Partners, and H.I.G. Infrastructure.

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