Providence Equity Partners completed the investment in Tenstreet.

Providence Equity Partners, a private equity firm, completed the investment in Tenstreet, a provider of driver recruiting software and workflow solutions for the trucking industry. Existing investor Spectrum Equity and Tenstreet Co-founder and CEO Tim Crawford will maintain significant minority stakes. Financial terms were not disclosed. "Tim and the entire Tenstreet team have built a unique, market-leading platform that provides critical recruiting and HR solutions to the trucking industry where attracting and retaining talent is essential to meet surging demand for their services. We are excited to partner with the Tenstreet team and Spectrum to build on the Company’s success, pursue organic and inorganic growth opportunities, and drive lasting value for all stakeholders of the company," William Hughes, Providence Managing Director.