- Safe Fleet, A Portfolio Company of The Sterling Group, Acquires COBAN Technologies, Inc.
- The Sterling Group Completes the Sale of DexKo Global Inc. to KPS Capital Partners
- Construction Supply Group, A Portfolio Company of The Sterling Group, Acquires Carter Waters
- The Sterling Group Agrees to Sell DexKo Global Inc. to KPS Capital Partners
HOUSTON, TX (May 25, 2005) – The Sterling Group, L.P., a Houston-based private equity firm focused on acquiring North American middle-market manufacturing, industrial service and distribution companies, today announced the final close of Sterling Group Partners II, L.P. (“Fund II”), with aggregate capital commitments of $470 million, including $20 million from the Principals of Sterling. Additionally, The Sterling Group announced the addition of two new members to the Sterling team. Gary Rosenthal, a former Principal with Sterling from 1989 to 1990, has rejoined as a Principal, and Kelly Boots has been named Chief Financial Officer. The Sterling Group founded more than 23 years ago, is one of the oldest private equity firms in the United States. Sterling’s six Partners – …