Page 178 - TACC 2023 Program

FEBRUARY 2024

Tenex Capital is a private equity ¡rm led by hybrid operators/investors investing from a $1.2 billion Fund III
with small and mid-cap sleeves.

Investment Criteria:

Situation: Majority equity investments in family/management owned businesses, sponsor to sponsor transactions,
and corporate carve-outs

EBITDA: $3mm-$40mm for new platforms across small-cap and mid-cap strategies; add-ons of any size
EV: $40mm-$400mm for new platforms; add-ons of any size

Equity: $30mm-$150mm over the life of an investment

Investments by Diversified Industrials Business & Tech Enabled Services Healthcare
Year
Auto Aftermarket, Building Products, Equipment Rental, Outsourced HR/Admin, Promotional Products, Sta’ng, Behavioral, Outsourced Services, Physician Practice
Food, Packaging, Solar, Specialty Distribution, Tooling Tech Enabled Services Management, Post-Acute, Sta’ng
2011
CURRENT INVESTMENTS:
4 Platforms Emergency Fastener Promotional Products Supplier
2018
Medical Supplies for
14 Add-ons Manufacturer Third Party Admin. Services/I.T. Retail & Professional
4 Platforms Oldest Exhibit & Display
2019 Employee Engagement
13 Add-ons Manufacturer
Aviation Sta’ng Services
3 Platforms Sweet Baked Goods
2020
12 Add-ons Manufacturer Virtual Sta’ng FL-based Dentistry
Specialty Packaging Digital Lead Generation
4 Platforms
2021 Manufacturer
18 Add-ons Residential Landscaping, IT Managed Service Provider
4 Platforms Newest Lawncare & Pest Commercial Re-Paving Sta’ng to Life Sciences,
2022
15 Add-ons Residential Pool Cleaning Engineering, & Tech
Commercial Security Integrator
4 Platforms
2023 Residential HVAC Services
27 Add-ons Commercial Remediation
41 Platforms
TOTAL * Plumbing/HVAC Distribution * Foundation Repair * MedSpa (Operating Partner)
130 Add-ons In Pursuit:

Stephens Johnson Kevin Doyle
Managing Director, Business Development & Investor Relations Director, Business Development
[email protected] [email protected]
804-513-7059 954-830-1919