Tenex buys Pacific Northwest's Rick's Custom Fencing & Decking
What's the deal? Tenex Capital ManagementDealroom has a profile for this one. Try Dealroom → has acquired Rick's Custom Fencing & DeckingDealroom has a profile for this one. Try Dealroom →, a residential fencing and decking installer operating across Oregon and Washington. The transaction closed on July 18, 2025, and was announced on August 19. Terms were not disclosed.
Who is Rick's? Founded in 1980 and based in Hillsboro, Oregon, Rick's runs five branches and employs more than 225 people. It installs cedar, vinyl, composite, and ornamental aluminum fencing and decking, serving thousands of homeowners a year under the slogan "Everybody Knows Rick."
What's the endgame? Tenex sees room to scale the 45-year-old brand well beyond the Pacific Northwest. "We believe Rick's is well positioned to become a national leader in outdoor living installation services," said Tenex managing director Gabe Wood.
What changes? Founder Rick Stanley will keep a significant ownership stake and move to a board seat, while the rest of the leadership team stays on. Rick's was advised by BRIG PartnersDealroom has a profile for this one. Try Dealroom →.
The signal: This is Tenex's fifth platform investment in residential services in three years, part of a strategy of backing founder- and family-owned regional operators built for national expansion. The deal reflects private equity's continued push to consolidate fragmented home-services markets.
Read more: tenexcm.com
Image credit: OakleyOriginals
