Safe Fleet, A Portfolio Company of The Sterling Group, Acquires FleetMind

HOUSTON, TX (June 7, 2016) – The Sterling Group, a private equity firm based in Houston, Texas, announced that its portfolio company, Safe Fleet, has completed the acquisition of FleetMind Solutions, Inc. (“FleetMind”). This marks Safe Fleet’s seventh acquisition during Sterling’s ownership.  Safe Fleet is a leading supplier of safety components for fleet vehicles. Based in Montreal, Canada, FleetMind delivers the waste industry’s leading “smart truck” solution – onboard computing (OBC) systems that enable  waste and recycling fleets to link their drivers and vehicles to business operations in real-time to ensure improved safety, productivity, sustainability and customer service. FleetMind solutions have been successfully installed in thousands of refuse collection vehicles across North America, providing unprecedented real-time information to drivers and …

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Safe Fleet, A Portfolio Company of The Sterling Group, Acquires Rear View Safety

HOUSTON, TX (May 20, 2016) – The Sterling Group, a private equity firm based in Houston, Texas, announced that its portfolio company, Safe Fleet, has completed the acquisition of Rear View Safety (“RVS”). This marks Safe Fleet’s sixth acquisition during Sterling’s ownership. Safe Fleet is a leading supplier of safety components for fleet vehicles. Based in Brooklyn, New York, Rear View Safety is one of the fastest growing providers of back up camera systems and video-based road safety solutions. Rear View Safety has been instrumental in driving the rapid adoption of video systems in commercial fleets including government fleets, recreational vehicles, truck, trailer, commercial van, construction, emergency, bus and shuttle, agriculture and industrial vehicles. Rear View Safety delivers outstanding quality, …

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The Sterling Group Announces the Addition of Sreenu Tadavarthy as Senior Vice President of Business Development

HOUSTON, TX (May 18, 2016) – The Sterling Group, a middle market private equity firm based in Houston, announced the addition of Sreenu Tadavarthy as Senior Vice President of Business Development. Sreenu is based in Chicago and will lead the firm’s origination and deal sourcing activities within the Midwest. He will also support the firm’s broader sourcing effort by assisting in the development of investment themes and working with executives seeking to partner with private equity. Sreenu possesses over 20 years of M&A and corporate finance experience gained at various investment banks, including Bear, Stearns & Co. Inc., CIBC Oppenheimer Corp. and most recently TTK Partners, LLC, a boutique advisory firm that he co-founded and served as Partner for 10 …

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