Illinois-based Deere & Company recently entered into an agreement to acquire Tenna in New Hope.
Tenna is a technology platform created to optimize and automate construction operations workflow.
Through the platform, contractors have access to a complete view of their equipment performance in almost real time and can gain a better understanding of maintenance needs and equipment trends.
Tenna also assists with planning, visibility, and jobsite coordination, allowing for reduced costs and an increase in productivity.
The platform is a holding of The Conti Group, which possesses over a century of experience with growth equity investing, entrepreneurial ventures, and operations.
The firm specializes in engineering, construction, and technology, and invests in novel technologies, renewables, and real estate.
Following the acquisition, Tenna will remain an independent business marketed to construction customers.
It will continue to prioritize growing its business via its mixed-fleet model that focuses on its customers.
The acquisition is anticipated to close in February 2026.
Learn more about Deere & Company’s agreement to acquire the New Hope company at John Deere and Tenna.
_______
