New York, NY – August 19, 2025 – Tenex Capital Management (“Tenex”) is pleased to announce a growth investment in Rick’s Custom Fencing & Decking (“Rick’s” or the “Company”), a regional provider of residential fencing and decking installation services across Oregon and Washington.
Founded in 1980 and headquartered in Hillsboro, Oregon, Rick’s operates five branches and is one of the Pacific Northwest’s most established residential fencing and decking brands. The Company serves thousands of homeowners annually with a high-touch, in-house team of over 225 professionals. Rick’s offers a wide range of fencing and decking installation services – including cedar, vinyl, composite, and ornamental aluminum solutions – and is known for its dependable in-house installation crews, consistent customer experience, and long running slogan “Everybody Knows Rick.”
“We are excited to partner with the team at Rick’s to build on its 45-year legacy of customer service, craftsmanship, and family-oriented culture,” said Tenex Managing Director Gabe Wood. “With its trusted brand, reliable service, and loyal customer base, we believe Rick’s is well positioned to become a national leader in outdoor living installation services.”
Rick Stanley, Founder of Rick’s commented, “It was important to me to find the right partner for the next chapter of our great company – one who respected our people, our customers, and our legacy. From the beginning, Tenex understood that our highly engaged employees form the foundation of our success. They took the time to get to know our team, and I’m confident they’ll bring the right balance of operational and acquisition support to help the business continue to thrive long into the future.” Mr. Stanley will retain a significant ownership position and transition into a board of directors role, while the remainder of the leadership team will continue in their roles.
This acquisition represents Tenex’s fifth platform investment in the residential services space within the past three years and aligns with Tenex’s focus on investing in regionally entrenched businesses that are founder/family owned and poised for national expansion.
The transaction closed on July 18, 2025. Rick’s was advised by BRIG Partners on this transaction.