Posts for Investment Category

The Sterling Group Credit Fund Announces Investment in Systems Control, Inc.

The Sterling Group Credit Fund (“Sterling Credit”) has participated in a second lien loan facility and made an equity co-investment in support of Comvest Investment Partners’ Holdings, LLC (“Comvest”) acquisition of Northern Star Holdings, Inc (“NS Holdings”) from its founders. Headquartered in Iron Mountain, Michigan, NS Holdings through its primary subsidiary Systems Control, Inc. is a market leading manufacturer of …

Lynx FBO Network, a Portfolio Company of The Sterling Group, Acquires Fly Arkansas’ Little Rock FBO

The Sterling Group, a middle market private equity firm based in Houston, Texas, today announced that its platform company, Lynx FBO Network, has completed the acquisition of the FBO assets of Fly Arkansas at Clinton National Airport in Little Rock, Arkansas. Fly Arkansas retains the FBO at Boone County Airport and Aircraft Management and Charter. In August 2016, Sterling launched …

Dexter Axle, a Portfolio Company of The Sterling Group, Completes the Acquisition of AL-KO Vehicle Technology to Form DexKo Global Inc.

The Sterling Group, a middle market private equity firm, today announced that its portfolio company, Dexter Axle, has completed the acquisition of AL-KO VT. The combined companies have been renamed DexKo Global Inc. Today’s acquisition and the formation of DexKo Global Inc. creates the global leader in trailer axle and chassis supply with sales approaching nearly $1 billion. AL-KO is …

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

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 …

The Sterling Group Completes the Acquisition of ProcessBarron

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 …

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

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 …

Saxco International, a Portfolio Company of The Sterling Group, Acquires Square Peg Packaging and Printing, LLC

The Sterling Group, a middle market private equity firm based in Houston, Texas, announced that its portfolio company, Saxco International has completed the acquisition of Square Peg Packaging and Printing, LLC. Headquartered in Horsham, Pennsylvania, Saxco is the market leader in the distribution of rigid packaging for the liquor, wine and craft beer industries. Saxco’s partnerships with North American manufacturers …