Tenex Capital Management Acquires LinkAmerica Corporation

NEW YORK, NY, July 18, 2011 – Tenex Capital Management, today announced the completion of its acquisition of LinkAmerica Corporation, a transportation and logistics provider headquartered in Tulsa, Oklahoma.

Recognized as a leading super regional transportation provider, LinkAmerica was founded in 1996 and has grown through a series of acquisitions to more than $140 million in annual revenues. The Company operates a fleet of approximately 850 tractors, providing traditional Over-The-Road (“OTR”) 53 and 57 foot dry van, dedicated, expedited, and logistics services. LinkAmerica retains a “blue-chip” customer base and operates primarily in the south-central and southeastern United States, with operating facilities in Texas and Florida.

Despite the difficult economic environment for transportation companies from 2008 to 2010, LinkAmerica’s strong value proposition to customers enabled its business to continue. With the completion of this acquisition, Tenex has further strengthened LinkAmerica by providing a significantly more flexible capital structure, as well as additional funds to acquire new equipment to reduce the fleet age, and invest in new technology. These investments will allow LinkAmerica to provide outstanding customer service and position the company for continued growth.

“We are very excited to be joining the Tenex team,” said Todd Smith, President of LinkAmerica. “Tenex’s culture, people, and values match those of LinkAmerica. This acquisition provides LinkAmerica the opportunity to become nationally recognized as one of the best small companies in America, by giving our employees and drivers the tools and financial support to deliver high quality services for our customers.”

“This transaction is an excellent investment as it allows a company with top tier customers and dedicated employees the opportunity to reach its full potential,” said Joe Cottone, Managing Director and Principal at Tenex Capital Management. “We share a deep commitment to the core values of superior customer service, innovation, teamwork, safety and financial success.”

About LinkAmerica Corporation

Headquartered in Tulsa, Oklahoma, LinkAmerica is a ‘Best In Class’ transportation and logistics provider. LinkAmerica offers innovative capacity solutions delivered through four divisions: Dedicated and Logistics Services, 53′ Super Southwest & Super Southeast Regions, LinkAmerica 57 and Teams. For more information about LinkAmerica Corporation, visit www.lkam.com.

About Tenex Capital Management

Tenex Capital Management is a private investment firm focused on assisting management teams of primarily middle market companies through special situations, or in reaching their full potential. Tenex utilizes an in-house team of hybrid professionals skilled in operational leadership, investing, and capital markets structuring to maximize long term value creation. This deep operating experience allows the firm to create solutions to business, customer, and market challenges as well as situations brought on by capital limitations. Tenex avoids excessive leverage, allowing operational improvements to generate the investment returns. Tenex has established a successful track record investing in diverse industries, including transportation, industrials, telecommunications, and health and business services. For more information, please visit www.tenexcm.com