Private Equity Firm Software

Tenzing

London, United Kingdom

Independent private equity firm partnering with management teams to back high-growth UK and European SMEs, with a focus on niche market leaders and challenger businesses.

Focus Areas
High-growth UK and European SMEs, Niche market leaders, Challenger businesses
Website
tenzing.pe

Tracked deals

7

7 tracked deals across 2020-2023.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Buyout

4 buyout · 2 addon · 1 growth capital

Tenzing Acquisition Volume by Year

Last 4 years

Acquisition volume by year Annual acquisition counts for the last 4 years for Tenzing. 1 2020 2 2021 3 2022 1 2023

Supporting Data

Recent Transactions

  • Buyer
    Tenzing
    Target
    Webexpenses
    Seller
    K1 Investment Management
    Industry
    Cloud & SaaS
    Location
    Oxfordshire, United Kingdom
    Type
    Buyout

    Tenzing has acquired Webexpenses, a UK-headquartered provider of expense management and accounts payable automation SaaS, from K1 Investment Management. The transaction represents a PE portfolio realization for K1 and a strategic acquisition for Tenzing to expand its presence in finance-focused SaaS solutions.

  • Buyer
    CitNOW Group, Livingbridge, Tenzing
    Target
    Auto Imaging, AutoSLM, Dealerdesk
    Industry
    Software
    Location
    United Kingdom
    Type
    Addon

    CitNOW Group, a portfolio company supported by Livingbridge and Tenzing, has acquired Auto Imaging, AutoSLM and Dealerdesk to expand its suite of software solutions for franchised car dealerships. The bolt-on deals strengthen CitNOW Group’s imaging, lead management and multichannel CRM capabilities and extend its international footprint into Germany.

  • Buyer
    CitNOW Group, Livingbridge, Tenzing
    Target
    Real Time Communications (RTC)
    Industry
    Software
    Location
    United Kingdom
    Type
    Addon

    CitNOW Group, backed by Livingbridge with reinvestment support from Tenzing, has acquired software provider Real Time Communications (RTC). The bolt-on expands CitNOW Group's product portfolio for franchised car dealerships, strengthening aftersales and lead management capabilities across its existing markets.

  • Buyer
    Tenzing
    Target
    MNI (Market News International)
    Seller
    Hale Global
    Location
    United Kingdom
    Type
    Buyout

    Tenzing has invested in MNI (Market News International), backing the management team led by CEO Terry Alexander and Chair Richard Hall. The London-headquartered subscription news and intelligence provider will receive support to accelerate product development, technology investment and M&A-led growth as Tenzing replaces prior investors including Hale Global.

  • Buyer
    Tenzing
    Target
    Mandata
    Seller
    LDC
    Industry
    Cloud & SaaS
    Location
    England, United Kingdom
    Type
    Buyout

    Tenzing has acquired Newcastle-headquartered transport management software provider Mandata from mid-market private equity firm LDC. Mandata is a SaaS-based TMS serving UK haulage and carrier SMEs (about 120 employees, ~2,000 customers); financial terms were not disclosed and the deal follows LDC's 2018 investment that supported acquisitive growth and product development.

  • May 26, 2021
    Buyer
    CitNOW, Tenzing
    Target
    Quik.
    Industry
    Cloud & SaaS
    Type
    Buyout

    U.K.-based CitNOW, backed by investment firm Tenzing, has acquired Quik., a Quincy, Massachusetts-based cloud SaaS provider of digital multi-point inspections, technician video, parts pricing and integrated payments for auto dealerships. The deal expands CitNOW’s U.S. footprint in the dealer after-sales market and will allow development of the Quik. after-sales platform for OEM and dealer group partners in the U.K. and Europe. Quik. CEO Jack Gardner is stepping down; COO Chad Deaver will remain and report to CitNOW CEO Alistair Horsburgh.

  • Buyer
    Tenzing Private Equity
    Target
    activpayroll
    Industry
    Staffing & HR
    Location
    Scotland, United Kingdom

    Tenzing Private Equity has made a growth investment in activpayroll, the Aberdeen-headquartered global payroll and expatriate tax specialist founded by Alison Sellar. The investment will back product development, sales expansion and activpayroll's acquisition and international growth strategy while supporting the existing senior management team.

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