Tennenbaum Capital Partners
Tennenbaum Capital Partners, LLC is an alternative investment management firm founded in 1999, specializing in credit opportunities and direct lending. With approximately $5 billion in capital under management, the firm has invested around $9 billion across more than 170 portfolio companies through various strategies, including debtor-in-possession financing and event-driven investments. Tennenbaum focuses on a broad range of sectors, such as aerospace and defense, automotive, energy, and financial services, and provides services including rescue loans, acquisition financing, and growth investments. The firm also manages specialized funds, such as the Tennenbaum Waterman Fund and Tennenbaum Senior Loan Fund III, which target diverse industries in North America and Europe. In 2016, CNO Financial Group acquired a minority interest in the firm, and in 2018, BlackRock announced plans to acquire Tennenbaum, ensuring continuity among its management team.
Edmentum Inc. is a prominent provider of online learning programs aimed at enhancing student achievement in both academic and career contexts. Founded in 1960 and based in Bloomington, Minnesota, the company offers a comprehensive range of services for K-12 and higher education, including individualized learning, credit recovery, college and career readiness, and workforce preparation. Edmentum's programs cater to diverse educational needs, employing technology to facilitate personalized learning experiences. The company's solutions are designed to assist educators in delivering effective instruction through curriculum management, online assessments, and professional development services. Over its more than 50 years of operation, Edmentum has evolved from its origins as PLATO Learning to become a leader in the field of online education.
Cognate Bioservices is a fully-integrated contract bioservices organization providing the highest level of scientific and management expertise. Cognate provides full development and cGMP manufacturing services to companies and institutions engaged in the development of cell-based products. The combination of highly experienced staff, successful track records and cGMP facilities makes Cognate one of the most qualified contract manufacturers of cell-based products in the world today.
Videology is a digital media advertising technology provider that specializes in connecting brands with consumers through targeted advertising solutions. The company leverages consumer data and advanced ad decisioning to enhance accountability and optimize the performance of video and display advertising campaigns. By offering a unified platform for managing and measuring video ad strategies across various screens, Videology ensures a more relevant and engaging experience for consumers who encounter its advertisements.
Soasta, Inc. is a digital performance management company based in Mountain View, California, specializing in cloud testing, performance testing, real user monitoring, and application testing for web and mobile environments. Established in 2006, the company offers a suite of products, including mPulse for real user monitoring, CloudTest for load and performance testing, TouchTest for mobile functional testing, and a Digital Operations Center for performance visibility. Soasta's platform enables businesses to gain real-time insights into user experiences, allowing them to optimize performance and align it with business objectives. The company has conducted over 10 million tests and measured more than 100 billion user experiences, serving a diverse clientele that includes notable names in various industries. Additionally, Soasta provides comprehensive support services, including strategic assessments, test planning, execution, and training options for clients. As of 2017, Soasta operates as a subsidiary of Akamai Technologies.
SoundCloud is a social sound platform that enables users to create, upload, and share audio content, including music. Launched in 2008 by Alexander Ljung and Eric Wahlforss, it serves as a hub for a diverse community of creators and listeners. The platform allows sound creators to instantly record and distribute their works while providing them with detailed statistics and feedback from the community. SoundCloud connects artists with their fans globally, facilitating the promotion and sharing of music through blogs, websites, and social networks. This open platform not only helps artists distribute their work but also enhances the music discovery experience for users.
InMobi is a mobile advertising service provider operating primarily in Asia and Africa. Founded in 2006 and headquartered in Bengaluru, India, the company specializes in developing an advertisement serving algorithm that optimizes the ranking of mobile ads. InMobi offers a wide range of campaign management services, which include strategy development, design, execution, and optimization of advertising campaigns. The company also provides tools for ad creation and targeting, along with monetization strategies to help publishers maximize site traffic through a mix of performance and branding advertisements. InMobi's platform features real-time reporting for advertisers and publishers to track campaign performance and monetization efforts. Additionally, it offers solutions such as the InMobi Ad Tracker for mobile campaign conversion tracking and the Lifetime Value Platform, which provides behavioral insights for app developers and publishers. The company has established a strategic partnership with TalkingData to enhance its offerings.
Nextracker Inc. specializes in designing and manufacturing single-axis photovoltaic trackers for ground-mounted solar power plants. Its flagship product, the NEXTrackerSPT, is a self-powered tracker that operates without the need for external AC power, reducing installation complexity. The company also offers TrueCapture, a sophisticated control system that optimizes solar array tracking based on site-specific conditions. Additionally, Nextracker provides energy storage solutions like NX Drive and NX Flow, which cater to both generation-plus-storage and long-duration storage applications. With a strong global presence, Nextracker supports solar system developers and engineering, procurement, and construction (EPC) firms by offering technical assistance, installation guidance, and after-sale services. Since its incorporation in 2013 and based in Fremont, California, Nextracker has established itself as a leader in the solar tracker market, having delivered over 35 GW of trackers worldwide.
Green Biologics Limited is an industrial biotechnology company based in Abingdon, United Kingdom, focused on producing renewable specialty chemicals. The company offers products such as n-butanol, acetone, and C4 derivatives, along with GreenFlame charcoal lighting fluids. These products find applications in various sectors, including paints, coatings, adhesives, personal care, cosmetics, food ingredients, health, and industrial cleaners. Green Biologics aims to be a leader in advanced fermentation technologies that convert biomass into renewable fuels and chemicals. Established in 2002, the company has additional facilities in the United States and satellite offices in China, Brazil, and India.
Mesa Air Group, Inc. is the parent company of Mesa Airlines, a regional air carrier that provides scheduled passenger services and cargo operations. Founded in 1982 and headquartered in Phoenix, Arizona, Mesa Airlines operates under capacity purchase agreements with American Airlines and United Airlines, offering flights as American Eagle and United Express. The airline serves approximately 86 cities across 36 states, the District of Columbia, Canada, Cuba, and Mexico, with a fleet of 69 aircraft and over 400 daily departures. Mesa Airlines has been recognized for its performance, receiving multiple awards, including Air Transport World’s Regional Airline of the Year. The company employs around 2,200 people and is in the process of expanding its workforce by an additional 1,000 employees in the coming years.
Private Equity Round in 2014
VitAG Corporation engages in the disposition of municipal biosolids and animal residuals into inorganic fertilizers. Its VitAG recycling technology transforms biosolids into ammonium sulfate granular fertilizers. The company sells its fertilizers through distributors in the United States and internationally. VitAG Corporation is based in Beech Island, South Carolina.
Fuse TV operates as a prominent entertainment network catering primarily to modern Latino audiences, offering a diverse array of Latino-inspired programming and lifestyle content. Founded in 1997 and based in Glendale, California, the network is accessible in various key Hispanic markets across the United States, including Los Angeles, San Francisco, Miami, Chicago, and New York. In addition to its focus on Latino culture, Fuse TV is recognized for its music-centric programming, featuring original series, exclusive artist interviews, live concerts, and music video blocks aimed at engaging a youthful audience aged 18 to 34. As a subsidiary of Fuse Media Inc., the network combines traditional broadcasting with digital initiatives to enhance viewer experience across multiple platforms.
Hanley Wood is the premier information, media, event, and strategic marketing services company serving the residential and commercial design and construction industries.
WildBlue provides high-speed internet access via satellite to residential and small business customers in rural America. Operating since 2009 as a subsidiary of ViaSat, the company aims to bridge the digital divide by delivering reliable internet service to underserved areas. Through its satellite technology, WildBlue enables users in remote locations to connect to the internet, thereby enhancing their access to information and communication services.
Private Equity Round in 2005
Radnor Holdings manufactures and distributes disposable foodservice products.
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