Tenstreet Receives Majority Growth Investment from Providence Equity Partners

Choate represented Tenstreet, leading provider of driver recruiting software and workflow solutions for the trucking industry, in its majority investment from funds advised by Providence Equity Partners. The investment will aim to accelerate growth in Tenstreet’s team and product portfolio as well as increase the company’s capacity for strategic acquisitions. Existing investor Spectrum Equity and Tenstreet Co-founder and CEO Tim Crawford will maintain significant minority stakes.