Tenex Capital Management
60 E 42 St. Floor 50, New York, NY, 10165-0015, United States
Overview
Tenex Capital Management is a private equity fund that makes control equity investments in middle market companies experiencing significant change in their markets, operations, or capital structure. Tenex utilizes an in-house team of hybrid professionals skilled in operational leadership, investing and capital markets structuring to maximize long-term value creation. Tenex’s deep operating experience allows the firm to collaborate with management teams to create solutions to business, customer, and market challenges as well as situations brought on by capital limitations. Tenex avoids excessive leverage, relying on operational improvements to generate its investment returns. Tenex has established a successful track record investing in diverse industries, including transportation, industrials, manufacturing, telecommunications, and health and business services.
- Total investments
- 1
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 4
Sector focus
- Venture Capital
Investment portfolio
- Wallit
Participated · Seed · Mar 2012
Wallit is a location-based social app that enables users to check in at places and leave messages — including augmented-reality-style photos — on location-specific "walls." The app was built by Veysel Berk, a Berkeley-based post-doc candidate in image processing, and launches with 700 pre-created walls across global cities. Users can view who’s nearby, browse walls worldwide, and post only when physically at a wall. When walls get busy, posts are ranked via a "social character index" that weights media types and prioritizes higher-profile users. Wallit is free to consumers and plans to monetize by selling branded walls, super-walls and advertising/partner promotion placements; terms of that monetization are still being finalized. The company kicked off with a $1.2M seed/angel raise to support the product and launch activity, including a planned "super wall" for Apple Store iPad launch events.