Charles Tenney

Marketing Degree -The University of Texas - Arlington International Business Brokers Assoc. Toast Masters International

Charles Tenney is the founder and a key figure at Tenney Group, a firm specializing in mergers and acquisitions within the transportation and logistics industry. Here are some key points about his background and contributions:

Founding and Leadership

Charles Tenney founded Tenney Group in 1973 and, at 73 years old, he remains passionate and active in the company, ensuring that hardworking transportation business owners achieve the best possible transactions.1 2 5

Military Background

Tenney's leadership skills and business acumen were influenced by his time as a Sergeant in the U.S. Army. He credits his military training for instilling discipline, encouragement, confidence, and leadership skills.1

Industry Experience

Charles Tenney has a long and distinguished career in the transportation industry, having facilitated his first transportation industry acquisition and later becoming the first National Limousine Association President. He has been involved in hundreds of transactions over the past 50 years.3 4

Succession and Family Involvement

Charles Tenney sold the business to his son, Spencer Tenney, who now serves as the President & CEO of Tenney Group. This transition was part of a carefully planned succession process that involved several years of preparation to ensure a smooth handover.3

Philosophy and Approach

Tenney emphasizes the importance of planning for exit strategies, advising business owners to prepare well in advance rather than making spontaneous decisions. He also stresses the value of seeking advice from experienced M&A professionals and tax experts.3

Community and Charitable Involvement

Charles Tenney and Tenney Group are committed to serving the community and the transportation industry. The firm has a strong focus on charitable giving and community investment, reflecting their philosophy of servant leadership.4

Overall, Charles Tenney is a highly experienced and respected figure in the transportation and logistics M&A sector, known for his leadership, industry expertise, and commitment to community service.