John Deere acquires construction tech firm Tenna
Deal expected to close in February 2026
Deere & Company has agreed to acquire Tenna, a construction technology company that provides mixed-fleet equipment operations and asset-tracking solutions.
New Hope, Pa.-based Tenna offers a cloud-based construction technology platform designed to automate and optimize equipment and jobsite workflows, according to a Deere release today. The platform provides contractors with near real-time visibility into equipment utilization, maintenance needs and operational trends to improve planning, coordination and productivity while reducing costs.
Following the transaction, Tenna will continue to operate as an independent business under the Tenna brand and will be marketed directly to construction customers. The company will focus on scaling its mixed-fleet, customer-focused business model.
Tenna is a holding of The Conti Group, a private investment firm with a history in construction, engineering and technology-related investments, according to the release. Deere’s acquisition is expected to close in February 2026.
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