Transportation M&A trends and 2022 predictions

Spencer Tenney is President and CEO of the Tenney Group, an industry specialized merger and acquisition advisory firm that has been dedicated to transportation since 1973. Tenney Group’s core business is sell-side representation services for trucking and logistics companies with annual revenues ranging from 20M to 300M. 

In this episode, host Nick Hancock interviews Spencer to discuss the unprecedented amount of M&A activity in the transportation industry right now, as well as Spencer’s industry insight for 2022 and beyond.     

If you’re listening and you’re interested in learning more about mergers and acquisitions in transportation, contact Spencer at www.thetenneygroup.com 

The Gig Academy host

Nick Hancock, Openforce Gig Academy Podcast Host and Customer Success Manager of Key Accounts Nick monitors all areas that pertain to and affect the gig economy and IC model to best advise and meet the needs of Openforce’s clientele. Prior to working at Openforce, Nick worked in the dental manufacturing industry and has a background in insurance as a producer.

Nick has a Bachelor's degree in Interdisciplinary Studies of Humanities from Northern Arizona University. He and his wife are expecting their firstborn daughter in October 2021.

About this episode's guest

Spencer Tenney, President & CEO of the Tenney Group Spencer Tenney is President and CEO of the Tenney Group, an industry specialized merger and acquisition advisory firm that has been dedicated to transportation since 1973. Tenney Group’s core business is sell-side representation services for trucking and logistics companies with annual revenues ranging from 20M to 300M. Spencer graduated from the University of Texas and currently serves as Vice-Chair of the American Trucking Association’s M&A Task Force. On a personal note, Spencer, his wife Lauren and their three kids reside in Franklin, TN. He enjoys songwriting, fitness, reading presidential biographies, and serving Franktown Open Hearts – a faith based non-profit dedicated to inspiring and empowering inner-city youth.

About the Tenney Group An industry specialized merger & acquisition advisory firm in business since 1973, Tenney Group has been dedicated to the Transportation and Logistics industry since its inception. Offering an array of services, including sell-side advisory, buy-side advisory and valuation services, the firm is dedicated to maximizing their clients’ outcome.

The team prides itself on being able to be all-in on work worth doing. To serve the people that move America is a privilege the team doesn’t take lightly. The realization is that relationships will always outlast transactions, and each person in the Tenney Group is dedicated to maximizing every relationship with industry professionals.

The team is comprised of a number of individuals who bring unique backgrounds and experiences to the forefront. When joined together, the team is able to provide vast talent and skillsets to serve the firm’s clients at the highest level.