Profile
Tenex Capital Management is a private equity firm based in the United States, focusing on operational improvements to drive growth in mid-market companies. Founded in 2009, Tenex consists of a team of experienced operators and investors who collaborate closely with management teams to enhance business performance. They set themselves apart by offering deep operational expertise and strategic support to their portfolio companies.
Tenex invests primarily in diversified industrials, healthcare, and a range of service industries. These include sub-sectors such as auto aftermarket, equipment rental, and B2B services. The firm typically targets equity investments ranging from $25 million to $125 million in companies with EBITDA between $3 million and $40 million. Tenex's strategy involves deploying capital in areas that can benefit from operational efficiencies, aiming to achieve growth through reinvestment and development.
Their notable investments include U.S. Plumbing, Heating & Bath - a major HVAC and plumbing distributor, Columbia Home Services - an HVAC, plumbing, and electrical services aggregator, and JTM Foods - manufacturer of snack pies and sweet treats. Each of these companies showcases Tenex's commitment to nurturing businesses within diversified industrial and service markets.
Industry
Tenex Capital Management Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Tenex Capital Partners II, L.P
|
Private Equity (PE)
|
Financial Services
Fintech
Healthcare Services
Real Estate
Energy
CleanTech
HealthTech
|
Series B
Late Stage (Series C+)
|
North America
|
$5-10 m
|
$814 M
|
March 2016
|
|
Tenex Capital Partners IV, L.P
|
Private Equity (PE)
|
Healthcare Services
Marketing and Advertising
Real Estate
SaaS
Security
Software
Energy
HealthTech
|
Series B
Late Stage (Series C+)
|
North America
|
$5-10 m
|
$1900 M
|
August 2024
|
|
Fund IV
|
Private Equity (PE)
|
Automotive
Business Services (B2B)
Construction
Food and Beverage
Healthcare Services
IT Services
SaaS
Telecommunications
|
Late Stage (Series C+)
|
North America
|
$50-100 m
|
—
|
September 2026
|
Contacts
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