Tenex Capital Management Acquires LinkAmerica
Tenex Capital Management completed its acquisition of LinkAmerica Corporation, a transportation and logistics provider headquartered in Tulsa, Okla
Tenex Capital Management completed its acquisition of LinkAmerica Corporation, a transportation and logistics provider headquartered in Tulsa, Okla.
LinkAmerica was founded in 1996 and has grown through a series of acquisitions to more than $140 million in annual revenues. The company operates a fleet of approximately 850 tractors, providing traditional 53 and 57 foot dry van, dedicated, expedited, and logistics services. LinkAmerica retains a 'blue-chip' customer base and operates primarily in the south-central and southeastern United States, with operating facilities in Texas and Florida.
With the completion of this acquisition, Tenex has strengthened LinkAmerica by providing a more flexible capital structure, as well as additional funds to acquire new equipment to reduce the fleet age and invest in new technology. These investments will allow LinkAmerica to provide outstanding customer service and position the company for continued growth.
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