Crescent Capital Group LP, one of the leading alternative credit investment firms, announced that its European Specialty Lending strategy has provided financing to support European mid-market private equity firm Triton Partners’ buy-and-build strategy for Tendra Technical Services.
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Formed by Triton in 2025, Tendra Technical Services serves as a platform to consolidate the U.K. technical services market across the built environment. The group delivers mechanical, electrical, and HVAC services to a diverse base of public sector, defence, industrial, and commercial clients.
“We are pleased to support Triton in building Tendra Technical Services into a scaled platform within the highly fragmented technical services sector, which we believe benefits from strong, recurring demand and resilient end markets,” said Christine Vanden Beukel, Managing Director and Head of Crescent’s European Specialty Lending strategy.
Crescent is a global credit investment manager with approximately $50 billion of assets under management as of December 31, 2025. For over 30 years, the firm has focused on non-investment grade credit through strategies that invest in marketable and privately originated debt securities including senior bank loans, high yield bonds, as well as private senior, unitranche and junior debt securities. Crescent is headquartered in Los Angeles with offices in New York, Boston, Chicago, London and Frankfurt with over 235 employees globally. Crescent is a part of SLC Management, the institutional alternatives and traditional asset management business of Sun Life.
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