London, 15th December 2025 – European mid-market tech investor, Tenzing, is delighted to announce that it has achieved an aggregate return of 6.5x gross MOIC across its first five exits — MPLC, MetaCompliance, CitNOW, FMP Global, and Smoothwall — as the firm celebrates its 10-year anniversary.
The milestone reflects a decade spent partnering with ambitious founders and management teams across Europe to build resilient, high-growth tech and tech-enabled businesses. Since launching, Tenzing has supported more than 25 platform investments, completed over 50 add-on acquisitions, and grown into a team of more than 60 people across London, Munich, Stockholm, and Paris.
Tenzing is inspired by its namesake, the Sherpa Tenzing Norgay, who accompanied Edmund Hillary on the first ascent of Everest in 1953. The firm has long been committed to supporting founders in achieving their ambitions through close collaboration, mentorship, and hands-on support. Today, the Tenzing Growth Team comprises 10 experienced operators and includes innovations such as the Sherpa and AI Sherpa programmes, providing its CEOs with day-one operating leverage and access to best-in-class practices and support.
Tenzing is currently investing from its £900m third fund and prides itself on its ambition and innovation, working as a high-performance team while striving to be as human as possible – recognised through its certification as a B Corp and place in The Sunday Times Best Places to Work 2024.
Guy Gillon, CEO and Co-Founding Partner at Tenzing, said:
“We are grateful for the support and belief given to us by our investors, staff, and the management teams who have chosen to partner with Tenzing. The hard work and dedication that we have all put in to achieve so much within 10 years has been outstanding.
Tenzing is now in a privileged position, and we are determined to deliver our shared ambition with our key stakeholders through innovation and high performance delivered with humility and care.
We’d like to thank everyone for the last 10 years and are excited for the next stage of our climb together.”
