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Tendit Group

Exterior asphalt installation and maintenance

Overview

Tendit Group provides exterior facility services with a focus on asphalt installation and maintenance, along with snow and ice removal, striping and marking, and sweeping and scrubbing. They use state-of-the-art equipment to install and repair asphalt, maintain surfaces, remove snow and ice to improve safety, lay out clear stripes and markings, and clean surfaces with sweeping and scrubbing. They emphasize environmentally friendly materials and a professional appearance to differentiate themselves from competitors, and they prioritize customer safety by minimizing snow/ice risk. Their goal is to keep properties well maintained and looking their best, while growing a reliable team to support high-quality service.

Significant Headcount Growth

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About Tendit Group

Simplify's Rating
Why Tendit Group is rated
D-
Rated D- on Competitive Edge
Rated D- on Growth Potential
Rated D- on Differentiation

Industries

Industrial & Manufacturing

Company Size

51-200

Company Stage

N/A

Total Funding

N/A

Headquarters

Centennial, CO

Founded

2022

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Simplify's take

What believers are saying

  • Tendit built multi-state coverage across Colorado, Arizona, and Utah by 2026.
  • Commercial properties still need recurring snow, paving, and exterior maintenance services.
  • Its equipment, routes, and service contracts retain liquidation value for buyers.

What critics are saying

  • April 2026 WARN notices showed 143 layoffs and permanent closure by April 30.
  • Ray Byrd said Tendit was unable to turn a profit after substantial efforts.
  • The shutdown destroys the platform; customer contracts, jobs, and brand disappear.

What makes Tendit Group unique

  • Ten service lines under one roof reduced vendor sprawl for property managers.
  • Osceola rolled up Colorado, Arizona, and Utah specialists into one platform.
  • Snow removal, paving, striping, and sweeping created cross-sell across properties.

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Benefits

  • Health Insurance
  • Dental Insurance
  • Vision Insurance
  • 401(k) Retirement Plan
  • 401(k) Company Match
  • Unlimited Paid Time Off
  • Paid Holidays
  • Paid Vacation
  • Paid Weekly

Growth & Insights and Company News

6 month growth

-4%

1 year growth

15%

2 year growth

15%
9NEWS
Apr 16th, 2026
Denver construction company lays off over 140 in closure.

Denver construction company lays off over 140 in closure. Denver construction company The Tendit Group will shut down, laying off 143 employees in Colorado and Arizona due to financial struggles, according to a company letter. Credit: Anoo - stock.adobe.com DENVER - Denver construction company The Tendit Group LLC will lay off 143 employees this month in anticipation of the business shutting down. Of those employees, 107 are in Colorado. The layoffs started today and are expected to be complete by April 30, according to a Worker Adjustment and Retraining Notification Act letter filed with the state. Despite substantial efforts on the part of management, The Tendit Group, LLC, is unable to turn a profit," Ray Byrd, chief operating officer for the company, wrote in the letter. "As a result, The Tendit Group, LLC, will be permanently closing its facilities and laying off all remaining employees." The company was once among the fastest-growing businesses in the Denver area. Its layoffs will impact employees in Colorado and Arizona, Byrd wrote. According to Tendit's website, the company has five Colorado locations and one in Arizona focused on landscaping.

PR Newswire
Aug 7th, 2023
The Tendit Group Expands Services and Introduces Premier Paving Solutions to Utah

/PRNewswire/ -- Tendit Group, a portfolio company of Osceola Capital, is thrilled to announce the successful acquisition of Utah-based Precision Asphalt...

PR Newswire
Jul 19th, 2023
The Tendit Group Joins Forces With Cam Services To Revolutionize Exterior Facility Services In Colorado

DENVER, July 19, 2023 /PRNewswire/ -- The Tendit Group, a dynamic and innovative newcomer to the facilities maintenance and infrastructure space, proudly announces the successful acquisition of Denver-based CAM Services, marking a pivotal moment in the industry's evolution. Bolstered by an exceptional team of visionaries and supported by strategic partnerships with industry leaders, the Tendit Group is poised to redefine the boundaries of the exterior facility space and create unprecedented value for its stakeholders.Founded in 1999 by Butch Hartman, CAM Services has established itself as a trusted provider of a wide range of services. CAM specializes in snow removal, power sweeping, power washing, fencing, electrical services, hauling, and many more. Through the acquisition, Tendit Group gains access to CAM Services' skilled workforce, state-of-the-art equipment, and deep industry knowledge. With a mission to disrupt the status quo and challenge conventional norms, CAM brings a fresh perspective and cutting-edge solutions to address the ever-evolving needs of the facility maintenance sector. Fueled by a relentless pursuit of excellence, CAM leverages its deep understanding of market dynamics, coupled with breakthrough technologies, to revolutionize the way we operate."The addition of CAM to the Tendit Group family marks an exciting turning point," said Alejandra Harvey Oliver, CEO Tendit Group

Rapids Tree Service Pros
Jul 7th, 2023
Green Industry news: mergers, acquisitions, and Sustainable Growth

United Land Services acquires Tendit Group, expanding their footprint in the green industry.

Le Lézard
Jul 5th, 2023
The Banker once again names BRI as the Top Bank in Indonesia

The Tendit Group, a dynamic and innovative newcomer to the facilities maintenance and infrastructure space, proudly announces the successful acquisition of Denver-based CAM Services, marking a pivotal moment in the industry's evolution.

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