Tracked deals
7
7 tracked deals across 2020-2023.
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.
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
Last 4 years
Supporting Data
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.
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.
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.
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.
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.
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.
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.
Turn tracked acquisition activity into an outreach-ready buyer list.