M&A Deal Summary

Tower Engineering Professionals Acquires Utilis Engineering P.A.

On December 21, 2018, Tower Engineering Professionals acquired engineering company Utilis Engineering P.A.

Acquisition Highlights
  • This is Tower Engineering Professionals’ 1st transaction in the Engineering sector.
  • This is Tower Engineering Professionals’ 1st transaction in the United States.
  • This is Tower Engineering Professionals’ 1st transaction in North Carolina.

M&A Deal Summary
Date 2018-12-21
Target Utilis Engineering P.A.
Sector Engineering
Buyer(s) Tower Engineering Professionals
Deal Type Add-on Acquisition

Target

Utilis Engineering P.A.

Raleigh, North Carolina, United States
Utilis Engineering P.A. is a provider of telecom engineering, maintenance, inspection and site acquisition services. Utilis Engineering P.A. was founded in 2013 and is based in Raleigh, North Carolina.

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Buyer(S) 1

Buyer

Tower Engineering Professionals

Raleigh, North Carolina, United States
Category Company
Founded 1997
Sector Engineering
Employees300
DESCRIPTION

Tower Engineering Professionals is an operator of engineering services firm focused on serving the telecommunications industry. Tower Engineering Professionals' services include structural analysis, civil engineering, surveying; environmental, inspection, geotechnical, renewable energy, residential, commercial, plumbing, mechanical, and electrical, and structural modification and design. Tower Engineering Professionals was founded in 1997 and is based in Raleigh, North Carolina.

DEAL STATS #
Overall 1 of 1
Sector (Engineering) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (North Carolina) 1 of 1
Country (United States) 1 of 1
Year (2018) 1 of 1
Mergr

Product

Company

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