Tenex Capital Management has made a growth investment in Rick's Custom Fencing & Decking, aiming to capitalize on the brand's established reputation in the residential fencing and decking market across Oregon and Washington.

Information on the Target

Tenex Capital Management has made a significant growth investment in Rick's Custom Fencing & Decking, a premier regional provider of residential fencing and decking installation services in the Oregon and Washington areas. Founded in 1980 and headquartered in Hillsboro, Oregon, Rick's operates five branches and is recognized as one of the Pacific Northwest's most established brands in the fencing and decking sector. With a dedicated team of over 225 professionals, Rick's services thousands of homeowners every year and offers a comprehensive range of high-quality materials including cedar, vinyl, composite, and ornamental aluminum solutions. The company is well-regarded for its dependable in-house installation crews and consistent delivery of customer satisfaction, emblematic of its longstanding slogan, 'Everybody Knows Rick.'

Industry Overview in the Target’s Specific Country

The fencing and decking industry in the United States has experienced steady growth over the past decade, driven by an increasing demand for home improvement and outdoor living spaces. With a growing emphasis on property aesthetics and value enhancement, homeowners across the Pacific Northwest, particularly in Oregon and Washington, are investing in quality outdoor solutions, which bodes well for companies like Rick's Custom Fencing & Decking.

The economic environment in these regions is also favorable, with a rising population and a thriving real estate market. As more individuals purchase homes, the desire for fencing and decking installations has surged, providing robust