Yukon supports Tenex Capital's investment in Black Diamond Networks | Business Wire China

2021-12-15 00:10:42 By : Ms. Lena Li

Minneapolis--(BUSINESS WIRE)--Middle market private equity transaction mezzanine capital provider Yukon Partners ("Yukon") is pleased to announce that it has partnered with Tenex Capital Management ("Tenex") to support a project Invest in Black Diamond Networks ("Black Diamond" or "Company").

Black Diamond is a professional staffing solution provider, focusing on the scarce high-end skill set in the advanced technology field. The company focuses on the rapid deployment of experienced and qualified personnel mainly in the fields of life sciences and engineering and technology. Black Diamond enables customers to meet project deadlines and meet key staffing requirements while maintaining headcount, salary, and management flexibility.

Ryan MacIntyre, Head of Tenex, commented: “Black Diamond provides a strong value proposition for clients and consultants through its highly specialized talent network and placement opportunities, first-class placement speed, and excellent customer service. I am very excited about teamwork and support for continued growth."

Yukon Principal Aaron Arnett added: “Black Diamond’s high-touch business model and ability to connect top talent with key roles in a short period of time puts the company in a good position among its blue-chip customer base.” “We have grown to Black Diamond. The prospects are excited, and I am very happy to work with the Tenex and Black Diamond management teams to jointly promote its next phase of growth."

Black Diamond Networks has a national network of highly skilled on-demand contractors with professionals who are suitable for difficult-to-fill positions. Black Diamond uses active recruitment methods and recommendations from other trusted contractors and clients. The review process includes seeking additional recognition and thorough interviews to determine experience, skill level, assignment preferences and compatibility, and logistical requirements. Black Diamond maintains regular contact with the contractor throughout the contractor’s mission through the Contractor’s Care Plan. In this plan, a dedicated internal manager solves the contractor’s problems before they occur, so that the contractor can treat him or her She is satisfied with her work and provides productivity for her customers. The company has offices in Andover, Massachusetts; Palm Beach Gardens, Florida; and Phoenix, Arizona. For more information, please visit www.blackdiamondnet.com.

Yukon Partners is an independent and unrelated primary capital provider, mainly serving commercial transactions led by middle market private equity promoters in the United States and Canada. Yukon invests in transactions including acquisitions, growth and platform strategies, capital restructuring, mergers/acquisitions, and public-private acquisitions. Yukon usually invests up to 60 million U.S. dollars per transaction and currently manages four funds with more than 1.8 billion U.S. dollars. Yukon Partners has offices in Minneapolis, Minnesota, Boston, Massachusetts, and West Palm Beach, Florida. For more information, please visit www.yukonpartners.com.

Tenex Capital Management is a private equity firm that invests in middle market companies. Tenex has an internal team of mixed investment professionals who are proficient in operational leadership, investment and capital market structures to maximize long-term value creation. Tenex's deep operating experience enables the company to work with the management team to take advantage of commercial and market opportunities. Tenex has successfully invested in multiple industries, including industry, business services, healthcare, construction products, and automotive aftermarket. For more information, please visit www.tenexcm.com.

Aaron Arnett Principal Yukon Partner 612-435-7820

Yukon Partners partnered with Tenex Capital Management to support investment in Black Diamond Networks.

Aaron Arnett Principal Yukon Partner 612-435-7820