Posts for Acquisition Category

Saxco International, LLC, A Portfolio Company of The Sterling Group, Acquires Synergy Glass & Packaging

Saxco International, LLC, the market leader in the distribution of rigid packaging for the liquor, wine and craft beer industry has acquired Synergy Glass & Packaging; it was announced by Matthew Malenfant, chief executive officer of Saxco International. Based in Benicia, California, Synergy and its former affiliates has been distributing glass bottles and packaging solutions to the wine and food …

The Sterling Group Completes the Acquisitions of ROM Corporation and Specialty Manufacturing, Inc.

The Sterling Group, a middle market private equity firm based in Houston, Texas, today announced that its affiliated investment fund, Sterling Group Partners III, L.P., has completed the acquisition of ROM Corporation (“ROM”) and Specialty Manufacturing, Inc. (“SMI”), combining the businesses through its holding company, Safe Fleet Acquisition Corp. The investment is Sterling’s fifth investment in its third fund, an …

Velcon Filters, LLC, a Portfolio Company of The Sterling Group, Completes Acquisition of Warner Lewis GmbH

Velcon Filters, LLC, a  manufacturer of industrial filtration systems, today announced that it has acquired Warner Lewis GmbH. Velcon is a portfolio company of The Sterling Group, a middle market private equity firm based in Houston, Texas, and was acquired in 2009 as a platform to execute a buy-and-build strategy. Headquartered in Kelsterbach, Germany with locations in Phillipsburg, Germany; Farnborough, …

The Sterling Group Acquires Liqui-Box from Dupont

The Sterling Group (“Sterling”), a Houston based private equity investment firm, today announced that its affiliated investment fund, Sterling Group Partners III, L.P., has completed the acquisition of the Liqui-Box Corporation (“Liqui-Box”) from DuPont. The acquisition is Sterling’s third investment in its third fund, an $820 million fund raised in 2010. Liqui-Box is the twenty-first corporate carve-out in Sterling’s thirty …

Roofing Supply Group, LLC Acquires Intermountain Supply, Inc.

Roofing Supply Group, LLC (“RSG”), a national leader in the wholesale distribution of roofing supplies and related materials, today announced that it has acquired Intermountain Supply, Inc. (“IMS”). RSG is a portfolio company of The Sterling Group, L.P. With locations in Seattle and Spokane, Washington, IMS is a leading distributor of residential and commercial roofing supplies and other building materials …

The Sterling Group Acquires Stackpole International from Gates Canada

The Sterling Group (“Sterling”), a Houston based private equity investment firm, today announced that its affiliated investment fund, Sterling Group Partners III, L.P., has completed the acquisition of the Stackpole International (“Stackpole”) business from Gates Canada (a subsidiary of Pinafore Holdings PV). The acquisition is Sterling’s second investment in its third fund, an $820 million fund raised in 2010, and …

B&G Crane Service Acquires the Texas Assets of Ray Anthony International

B&G Crane Service, LLC (“B&G”), provider of operated and maintained mobile crane services, heavy rigging and specialty hauling services today announced that it has completed the acquisition of substantially all of the Texas-based assets of Ray Anthony International, LLC (“RAI”). B&G is a portfolio company of an affiliate of The Sterling Group, L.P. (“Sterling”), a Houston-based private equity investment firm. …

Roofing Supply Group LLC, a Portfolio Company of The Sterling Group, Announces Acquisition of Construction Resource, Inc.

Roofing Supply Group, LLC (“RSG”), a national leader in the wholesale distribution of roofing supplies and related materials, today announced that it has acquired Construction Resource, Inc. (“CRI”). Operating throughout Northern California, with locations in Oakland and Sacramento, CRI has established itself as a respected market leader in commercial roofing and waterproofing materials and as a preferred distributor of Firestone …

Velcon Filters, LLC, a Portfolio Company of The Sterling Group, Completes Acquisition of Twin Filters B.V.

Velcon Filters, LLC, a manufacturer of industrial filtration systems, today announced that it has acquired Twin Filters B.V. Velcon is a portfolio company of The Sterling Group and was acquired in 2009 as a platform to execute a buy-and-build strategy. With headquarters in The Netherlands, Twin designs, engineers and manufactures filtration equipment and replacement cartridges for the oil, liquid and …

The Sterling Group Completes Acquisition of Saxco International

The Sterling Group (“Sterling”), a Houston-based private equity investment firm, today announced that it has completed the acquisition of a substantial equity interest in Saxco International (“Saxco”). The acquisition was financed with equity from Sterling Group Partners III, L.P. and debt financing from BNP Paribas and Oaktree CapitalManagement. Saxco, headquartered in Horsham, PA, is the leading value-added distributor of rigid …