Tenstreet, a leading provider of driver recruiting software and workflow solutions for the truckload industry, announced Monday morning that it was acquired by Providence Equity Partners, a private equity firm. Spectrum Equity, which took a stake in Tenstreet in 2016, was a seller in the deal, although it retains a material equity position in Tenstreet.
Financial terms of the deal were not disclosed, and Tenstreet would not report metrics like revenue or EBITDA. The company has 132 employees on...