CGI Manufacturing Holdings, a portfolio company of Core Industrial Partners, has acquired Tenere, a manufacturer of mechanical services, from private investment firm the Watermill Group.
Tenere provides services to product lines for data centers, 5G installations and renewable energy infrastructure.
Brian Steel, CEO of Tenere, said, “Tenere is extremely pleased to partner with CORE and CGI. The synergies between Tenere and CGI, along with our shared passion for innovation and customer success, will create added value for our combined customer base and enhance Tenere’s ability to deliver speed, flexibility, scalability, and technical expertise.”
Winston & Strawn LLP provided legal representation to CGI and CORE in the transaction.