Tenex Capital Management, a private equity firm, has invested in Black Diamond Networks, a provider of professional staffing services.
BDN focuses on scarce, high-end skill sets in advanced technical fields. The firm concentrates on rapid deployment of experienced and qualified personal within life sciences, technology and engineering sectors. The firm enables its customers to meet project deadlines, address staffing needs and maintaining headcount, payroll and administrative flexibility.
“It was a pleasure to bring together our market-leading transactional capabilities and our extensive experience advising on private equity and M&A deals to support Black Diamond Networks in its investment from Tenex Capital Management, which will enable our client to continue building on its success and developing innovative new ways of serving its customers,” said Jeffrey Houle, co-chair of DLA Piper’s Aerospace, Defense and Government Services Transactional practice.
DLA Piper served as legal advisor representing Black Diamond.