Tenex Capital Management Invests in Rick's Custom Fencing & Decking

Tenex Capital Management Invests in R.F. Fager

March 4, 2024

Building Products

Tenex Capital Management has made a minority investment in R.F. Fager, a regional distributor of plumbing, HVAC, and roofing supplies. The Fager family (including Richard Fager Jr. and Bryce Fager) will continue to lead the company and retain significant equity as Tenex provides capital and resources to expand geographic reach and product breadth.

Tenex Capital Management Invests in Rose Paving

November 7, 2022

Construction

Tenex Capital Management has made an investment in Rose Paving LLC, a Bridgeview, Illinois-based national provider of parking lot maintenance and rehabilitation services. The investment is intended to accelerate Rose's growth — both organically and via acquisitions — by providing capital and operational support.

Tenex Capital Management Invests in Gold Medal Pools

July 21, 2023

Construction

Tenex Capital Management has made a growth equity investment in Gold Medal Pools, a Lewisville, Texas-based residential pool service, maintenance, and construction company. The deal closed July 21, 2023; existing owners The Cynosure Group and CEO Josh Sandler retain a significant stake and Sandler will continue to lead the company as Tenex provides capital and operational support to accelerate growth and tuck-in acquisitions.

Tenex Capital Management Invests in Black Diamond Networks

December 9, 2021

Staffing & HR

Tenex Capital Management completed an investment in Black Diamond Networks, a specialized professional staffing firm focused on life sciences and engineering/technology talent. Northstar Capital provided junior capital (debt and an equity co-investment) to help finance the transaction, which was effective November 30, 2021.

Tenex Capital Management Invests in Network Coverage

September 28, 2022

IT Services

Tenex Capital Management completed a majority investment in Network Coverage, a cloud-first managed services provider headquartered in Danvers, Massachusetts. The transaction closed on September 28, 2022, and Tenex will partner with Network Coverage's management to scale the company's cloud and managed IT services for mid-market enterprise customers.

TriWest Capital Partners Acquires Majority Stake in Phoenix Fence Corp.

February 7, 2023

Building Products

TriWest Capital Partners has acquired a majority interest in Phoenix Fence Corp., a manufacturer, distributor, and installer of fencing products based in Edmonton, Alberta. The transaction marks TriWest's sixth platform investment from its 2021 Growth Fund and aims to support Phoenix Fence's growth and diversification across commercial, industrial, and residential markets in Western Canada.