Acquisition · Activity not yet classified
Progressive Employer Management Company
Transaction overview
Reported completed
A September 9, 2015 release reports the acquisition of PEMCO by Tenex Capital Partners, L.P., effective September 1, 2015, with Tenex Capital Management identified as sponsor. A later 2017 release describes the entry as August 2015; that month discrepancy is retained. No price or exact stake is stated.
Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.
Source evidence
- Tenex Capital Management Acquires PEMCO ↗
Official firm website · Published Sep 9, 2015
A September 9, 2015 release reports the acquisition of PEMCO by Tenex Capital Partners, L.P., effective September 1, 2015, with Tenex Capital Management identified as sponsor. A later 2017 release describes the entry as August 2015; that month discrepancy is retained. No price or exact stake is stated.
- Tenex Capital Management Closes Sale of PEMCO ↗
Official firm website · Published Oct 10, 2017
A September 9, 2015 release reports the acquisition of PEMCO by Tenex Capital Partners, L.P., effective September 1, 2015, with Tenex Capital Management identified as sponsor. A later 2017 release describes the entry as August 2015; that month discrepancy is retained. No price or exact stake is stated.