TENEX CAPITAL MANAGEMENT, L.P.
TENEX CAPITAL MANAGEMENT, L.P. is a Series C+, buyout and other fund in the US writing $25M–$125M checks into Healthcare, industrials, business-services, building-products and auto-aftermarket.
- Stages
- Series C+, buyout, other
- Sectors
- Healthcare, industrials, business-services, building-products, auto-aftermarket
- Check size
- $25M–$125M
- Invests in
- US-wide
- Actively investing
- Yes
- Founded
- 2009
- Assets under management
- $3 billion
- Website
- tenexcm.com
Thesis
Tenex Capital Management, L.P. is a private equity firm founded in 2009, headquartered in New York City with an office in Fort Lauderdale, Florida. The firm specializes in acquiring control positions in profitable North American middle-market companies, particularly those with $3 to $40 million in EBITDA. Tenex employs a generalist investment approach, historically investing across sectors such as industrials, business services, healthcare, building products, and auto aftermarket. Their strategy involves partnering with families and management teams, often in founder- or management-owned businesses, and utilizing an operationally focused value creation strategy. The firm's latest fund, Tenex Capital Partners IV, L.P., closed in August 2024 at $1.9 billion. Their total AUM was approximately $3 billion as of Q3-2023. Tenex also utilizes a network of 22 Operating Advisors.
Common questions
Does TENEX CAPITAL MANAGEMENT, L.P. invest at the Series C+ stage?
Yes. TENEX CAPITAL MANAGEMENT, L.P. lists Series C+, buyout and other among the stages it invests in.
What check size does TENEX CAPITAL MANAGEMENT, L.P. write?
TENEX CAPITAL MANAGEMENT, L.P. writes $25M–$125M checks.
Where does TENEX CAPITAL MANAGEMENT, L.P. invest?
TENEX CAPITAL MANAGEMENT, L.P. invests in the US.