Author Archives: fjones

Safe Fleet, A Portfolio Company of The Sterling Group, Acquires MobileView® from Interlogix

HOUSTON, TX (December 11, 2017) – The Sterling Group, a private equity firm based in Houston, Texas, announced that its portfolio company, Safe Fleet, has completed the acquisition of MobileView (“MOBILEVIEW”) from Interlogix, a part of UTC Climate, Controls & Security, a unit of United Technologies Corp.  This marks Safe Fleet’s tenth acquisition during Sterling’s ownership, as well as their third corporate carve-out. Safe Fleet is a leading supplier of safety components for fleet vehicles. MOBILEVIEW is the leading provider of mobile surveillance and video management solutions to more than 35,000 transit bus and rail vehicles in the United States. MOBILEVIEW’S products enable transportation professionals to capture, record, analyze, and control video evidence to enhance security, maximize resources, and increase …

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Safe Fleet, A Portfolio Company of The Sterling Group, Acquires COBAN Technologies, Inc.

HOUSTON, TX (October 25, 2017) – The Sterling Group, a private equity firm based in Houston, Texas, announced that its portfolio company, Safe Fleet, has completed the acquisition of COBAN Technologies, Inc. (“COBAN”). This marks Safe Fleet’s ninth acquisition during Sterling’s ownership.  Safe Fleet is a leading supplier of safety components for fleet vehicles. COBAN is a leading supplier of body cameras and in-car video solutions for law enforcement.  “COBAN is an excellent addition to Safe Fleet’s portfolio.  We believe the combination of COBAN’s position in law enforcement with Safe Fleet’s leading video positions in School and Transit Bus, Fire, Waste, and Commercial markets establishes Safe Fleet as the largest global provider of video solutions to the fleet market,” stated John …

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The Sterling Group Completes the Sale of DexKo Global Inc. to KPS Capital Partners

HOUSTON, TX (July 24, 2017) – The Sterling Group, an operationally focused middle market private equity firm, completed the sale of DexKo Global Inc. (“DexKo”) to funds managed by KPS Capital Partners, LP.   Financial terms of the transaction were not disclosed. DexKo is the leading global supplier of highly engineered running gear technology, chassis assemblies and related components with over 130 years of trailer and caravan componentry experience. The company is headquartered in Novi, Michigan and employs over 4,500 employees with 39 manufacturing facilities and 25 distribution centers across the globe. Sterling formed DexKo at the end of 2015 through the combination of Dexter Axle and AL-KO Vehicle Technology. “Sterling’s partnership with the deep and talented management team at DexKo …

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