Safe Fleet, A Portfolio Company of The Sterling Group, Acquires Hadley’s Transit Mirror Product Line

HOUSTON, TX (July 1, 2015) – The Sterling Group, a private equity firm based in Houston, Texas, announced that its portfolio company, Safe Fleet Investments LLC, has completed the acquisition of the transit mirror product line for buses, shuttles and coaches from Hadley. This marks Safe Fleet’s fifth acquisition in the last eighteen months, as well as the second corporate carve-out. Based in Elkhart, Indiana, Hadley’s transit mirrors business is the North American market leader for transit bus mirrors. The combination of Hadley’s transit mirror business with Safe Fleet’s existing transit offerings establishes Safe Fleet as the leading supplier of specialty safety components for transit buses. The acquisition further broadens Safe Fleet’s extensive, safety-oriented product offering, in line with its …

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The Sterling Group Completes the Acquisition of ProcessBarron

HOUSTON, TX (May 1, 2015) – The Sterling Group, a private equity firm based in Houston, Texas, announced that it has completed the acquisition of Process Equipment, Inc. (“ProcessBarron”).  Sterling acquired the business from the founding family and management team who are reinvesting alongside Sterling in the new transaction. Headquartered in Birmingham, Alabama, ProcessBarron is a leading provider of custom turn-key air and material handling solutions to a variety of industries including utility providers and pulp, paperboard, metals and cement producers. The company designs, engineers, fabricates, installs, maintains and repairs equipment critical in powering industrial plants in a variety of end markets. “Over the past 30 years, ProcessBarron has provided best in class service and equipment to a variety of …

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Safe Fleet, A Portfolio Company of The Sterling Group, Acquires Elkhart Brass

HOUSTON, TX (March 2, 2015) – The Sterling Group, a private equity firm based in Houston, Texas, announced that its portfolio company, Safe Fleet Investments LLC, has completed the acquisition of Elkhart Brass. Safe Fleet is the market leader in providing safety solutions for fleet vehicles. The company designs and manufactures safety-oriented components for the emergency vehicle, truck and trailer, utility vehicle, school bus, and transit bus end markets. Elkhart Brass is Safe Fleet’s third acquisition in the last fifteen months and further broadens Safe Fleet’s extensive, safety-oriented product offering, in line with its on-going growth strategy. Elkhart Brass is an innovative manufacturer of fire fighting and fire protection equipment, including monitors, valves, nozzles, appliances and accessories used in virtually every …

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