Tenex Capital Management related stories
All articles and analysis
Tenex Capital acquires Carex Health Brands from two firmsTenex Capital Management has acquired Carex Health Brands, which sells home medical equipment to consumers through drug stores, mass merchants and grocery retailers, from Ancor Capital Partners and Merit Capital Partners. Tenex will merge Carex with portfolio company Roscoe Medical.
- NXT Capital supports Tenex's acquisition of JPW Industries
NXT Capital said Thursday it provided a $98 million senior secured facility to finance Tenex Capital Management’s buy of JPW Industries. Headquartered in Nashville, JPW Industries is a maker of tool and machinery products.
- Tenex agrees to buy Walter Meier Tools
Tenex Capital Management said Tuesday that it has inked an agreement to buy Walter Meier Tools. No financial terms were disclosed. The transaction is expected to be completed by October 31st, 2013. Based in Nashville, Tennessee, Walter Meier Tools is the maker of machinery and equipment under the JET, Wilton and Powermatic brands.
- Medical Solutions buys OA Nurse Travel
Medical Solutions has acquired OA Nurse Travel from On Assignment. Financial terms weren't announced. OA Nurse Travel, of Cincinnati, provides traveling nurses. Omaha-based Medical Solutions is owned by Tenex Capital Management and McCarthy Capital.
- New Jersey expands commitment to Tenex
After acquiring a $5.8m fund stake from another investor and assuming $14.2m in uncalled commitments, New Jersey’s Division of Investment now has a 15.5% stake in Tenex’s debut vehicle.
- Conway: Debt and Europe provide opportunities
Limited partners in private equity funds should focus more on debt investing and debt products such as CLOs, according to The Carlyle Group's Bill Conway.
- Louisiana picks Coller for secondaries
Coller Capital will manage the $9.3bn state workers retirement system’s $100m mandate to buy assets on the secondaries market.
- Cerberus spin-out collects $452m in debut
The firm beat its $400m target and $425m hard-cap, and will make investments of between $25m and $75m in Canada and the US.
- Cerberus spin-out Tenex nears final close
The Michael Green-led firm is expected to hit its hard-cap of $425m for its debut fund, which has shrugged off the stagnant fundraising market and the hesitancy of LPs to back new firms.
- New Jersey paves way for secondaries sales
The US pension may, if the price is right, sell up to $1bn-worth of private equity holdings on the secondaries market.