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Tensator acquired by Rcapital
05
May
Tensator, a global market leader in queue management and customer flow solutions, is pleased to announce that it has been acquired by Rcapital.
The acquisition marks the next stage in Tensator’s development following over a decade of ownership by PGIM, during which the business expanded internationally and strengthened its position as a market leader.
Rcapital is an experienced investor with a strong track record of supporting management teams to drive growth and performance. The partnership will enable Tensator to accelerate a number of strategic initiatives, including new product development, expansion into new markets and further investment in its customer offering.
Alan McPherson, CEO of Tensator, commented:
“We are excited to begin this next chapter with Rcapital. Their experience and approach align well with our ambitions for the business, and we look forward to working together to deliver our growth plans. We would also like to thank PGIM for their support over the past decade.”
For customers and partners, Tensator remains committed to delivering exceptional service, quality and innovation, while entering a new phase of accelerated growth and opportunity.
ENDS.
