About Tenor

We create shareholder focused solutions through employee ownership.

Our firm is exclusively focused on the design and execution of shareholder succession through the use of ESOPs

We are a specialty boutique firm with demonstrated ability to execute across a broad range of industries and corporate cultures.

Since our inception in 2015, we have completed over 50 transactions.

Our Team

Each member of the Tenor team has held high level leadership positions with large institutional organizations. We have come together to create an agile corporate finance firm with only one thing in mind; to create unique succession solutions tailored to each selling shareholder, using employee ownership as the vehicle (ESOP)

The principals of Tenor have deep M&A and ESOP experience and have completed over 50 transactions with privately held companies, since the formation of Tenor in 2015.

Todd Butler

Managing Partner

Todd Butler is the founder and a managing partner of Tenor and leads the firm’s ESOP structuring and analysis efforts.  Prior to committing to Tenor full time in 2016, he previously led the national ESOP legal transaction team at the law firm of FisherBroyles, LLP, which prior to his departure had become the most active ESOP legal transaction practice in the Southeast.  Prior to working with FisherBroyles, LLP, Todd led the national ESOP legal transaction practice at the law firm of Holland & Knight LLP, which is one of the largest law firms in the country.  Todd has a law degree and a bachelors degree in finance from Georgia State University.

Phone: 404.435.6324


André Schnabl

Managing Partner

Andre Schnabl is a managing partner of Tenor and leads the firm’s debt placement practice.  Prior to joining Tenor, Andre retired as Managing Partner of the Atlanta office of Grant Thornton LLP in 2012. Prior to his retirement, he held a variety of positions within the firm in the firm’s offices in Zimbabwe, Montreal, Canada and Atlanta. During his career, he has consulted with mid-market companies on a variety of matters, including mergers and acquisitions, debt and equity financings including public offerings. Since Joining Tenor in 2015, Andre has been advising companies and shareholders in business succession using ESOPs, including shareholder advocacy, structuring and leading the financing raises.  Andre has a Bachelor of Science degree in Chemistry and Geology from the University of London and is a CPA. He serves on a number of corporate and not-for-profit boards. 



Vince Dees


Vince is a Partner at Tenor.  Vince began his career as a Certified Public Accountant in the Atlanta office of Grant Thornton LLP where he served as audit manager for clients in a variety of industries including construction, manufacturing, retail, and service.  Vince left public practice to become the CFO of Automated Logic Corporation where he led the company’s acquisition efforts and the eventual sale of the company.  He was also co-founder and CFO of Blue Ridge Technologies where he led the finance and manufacturing operations.   During his career, Vince has consulted with companies on a variety of matters including corporate finance, acquisitions, debt and equity financing.  Vince has a Bachelor of Business Administration degree in Accounting from the University of Georgia.



Anthony Levi


Anthony Levi is a Partner at Tenor. He brings broad business experience including 22 years with PACCAR in the company’s Controllers Organization, Corporate Purchasing, and in business administration. Prior to leaving PACCAR, Anthony led PACCAR’s Dynacraft division, a manufacturing and distribution company with three facilities, over one thousand employees, and annual sales exceeding $1B. Under his leadership, Dynacraft expanded the product range, improved margin, and built a new greenfield facility in Texas to handle growth. As a Purchasing Director at PACCAR, he managed commercial relationships with hundreds of suppliers. Anthony earned his BA in Business Administration from the University of Georgia and an MBA from Seattle University. He is a Certified Management Accountant.