The Sterling Group

The Sterling Group, L.P. is a private equity firm specializing in corporate carve outs, industry consolidation, family owned businesses, sponsor backed businesses, and complicated transactions. It does not invest in financial services, real estate, health care, and information technology companies. It prefers to invest in companies in middle market and mature stages; and considers making leveraged buyouts and add-on acquisitions. The firm prefers to invest in manufacturing, converting, assembly, industrial services, technology, distribution, and packaging businesses. It seeks to invest in companies headquartered in United States with a focus on Midwest or Canada. The firm typically invests in transaction size between $40 million to $100 million in companies with enterprise values between $100 million and $750 million and EBITDA greater than $15 million. The firm works hand in hand with management teams of the companies and seeks to take controlling interests. It prefers to make majority investments in manufacturing, distribution and industrial service businesses. The Sterling Group, L.P. was founded in 1982 and is based in Houston, Texas with an additional office in Chicago, Illinois.

Christopher John Ahearn

Operating Partner, Commercial

Jim Apple

MD

James M. Apple

MD

Erin Arnold

MD

Jack Basler

Associate

Brandon Baudin

CFO

Jared Bell

Senior Associate

Jacob Broom

VP

James Caffrey

Associate

Sean Davenport

Partner

Gregory L. Elliott

Partner

Johann Friese

Principal

Kevin Garland

Partner

JR Gilley

Associate

John Griffin

Principal

Jenny Harris

MD

John D. Hawkins

Partner

Brian Henry

Partner

Frank Hevrdejs

Advisory Partner and Co-founder

Steven Hirsch

Principal

Shirley Jefferies

CFO

Franny Jones

MD

Daniel Limcher

Associate

Claudine Lussier

Principal

Scott Maclaren

Partner

Jud Morrison

Operating Partner

William C. Oehmig

Advisory Partner

Roy Peng

Associate

Nathaniel Reeve

VP

Gary Rosenthal

Partner

Brad Staller

Partner

Brad Staller

Partner

John Henry Styles

Associate

Aaditya Vaidya

Associate

Juan Valdez

VP

Patrick Vocke

VP

Kent Wallace

Partner

Eric Williams

Principal of Strategy

Brent Willson

Private Equity VP

29 past transactions

ProcessBarron

Acquisition in 2015
ProcessBarron is a leader in the design, manufacturing, installation, maintenance, and repair of air, gas, and material handling equipment for a variety of heavy industrial applications. Since its founding in 1981 as Process Equipment, Inc., ProcessBarron has expanded its service and production capabilities through strategic acquisitions, a long history of quality workmanship, and superior customer responsiveness. Over the past three decades, offerings have grown from fan repairs to "integrated solutions" that include all components related to the movement of air, gas, or materials to and from boilers, kilns, and furnaces. ProcessBarron offers a wide range of products and services to customers throughout the world in the pulp and paper, iron and steel, utility, cement, lime, wood products, textile, foundry and mining industries.

Polychem Corporation

Merger/Acquisition in 2019
Polychem is in the securement packaging industry. The company manufactures polyester (“PET”) and polypropylene strapping consumables, securement equipment and related products, serving the food and beverage, consumer packaged goods, and industrial industries.

Polychem Corporation

Acquisition in 2019
Polychem is in the securement packaging industry. The company manufactures polyester (“PET”) and polypropylene strapping consumables, securement equipment and related products, serving the food and beverage, consumer packaged goods, and industrial industries.

Merchants Metals

Acquisition in 2021
Merchants Metals is one of the largest manufacturers and distributors of fence systems in the nation.

DYK Automotive, LLC

Merger/Acquisition in 2016
DYK Automotive, LLC manufactures and distributes automotive aftermarket products. It offers packaged oil, chemicals, parts and accessories to various customer channels and markets. The company offers branded and private label packaged oil, chemicals, parts, and accessories. The company was incorporated in 2009 and is headquartered in Medina, Minnesota.

NorthAmerican Services Group

Merger/Acquisition in 2016
North American Industrial Services, Inc utilizes high pressure water blasters up to 40K P.S.I. and up to 700 hp to remove the toughest deposits in your facilities. We have the capability of performing offline and online hydro-blasting. Using the most advanced equipment, technologies and best trained work force in the industry we will finish the toughest jobs, safely and productively. North American Industrial Services, Inc maintains a large fleet of industrial vacuum trucks. Our vacuum trucks are all 27 inch vacuum and most are 6000 cfm. This enables us to move very large volumes of material over long distances and in a shorter period of time.

Bad Boy Mowers Inc

Private Equity Round in 2019
Bad Boy Mowers is a machinery company providing commercial lawn mowers.

Tangent Technologies

Merger/Acquisition in 2018
Tangent Technologies is a manufacturer of high-density polyethylene lumber used for outdoor furniture.

Aquatic US Holdings Corp

Acquisition in 2014
Aquatic is a manufacturer of bathtubs and showers primarily used in residential single family and multi-family housing markets. Aquatic produces over 1,700 baths and showers per day from six manufacturing facilities across the United States. The company holds an estimated 20% share of the United States bathware market.

Bad Boy, Inc.

Private Placement in 2019
Bad Boy, Inc. manufactures and sells commercial lawn mowers and accessories. It engineers, fabricates, finishes, and assembles lawn mowers. The company offers diesel mowers; and gas-powered, brushless electric, and passenger series utility vehicles. It serves customers through sales representatives and dealers in the United States and internationally. The company was founded in 1998 and is based in Batesville, Arkansas.

Artisan Design Group

Merger/Acquisition in 2018
Artisan Design Group is a provider of of flooring products and services. Artisan Design Group is a dealer of flooring products and services, providing design, procurement, installation and quality control of flooring and complimentary products for homebuilders.

TIME Manufacturing Co

Merger/Acquisition in 2017
Time is a global designer, manufacturer, and distributor of vehicle-mounted aerial lifts primarily for the telecom and electric utility end markets. Time has pioneered several brands within the aerial lift market, including the market leading Versalift brand.

TIME Manufacturing Co

Acquisition in 2017
Time is a global designer, manufacturer, and distributor of vehicle-mounted aerial lifts primarily for the telecom and electric utility end markets. Time has pioneered several brands within the aerial lift market, including the market leading Versalift brand.

Brock White

Merger/Acquisition in 2016
Brock White is a professional grade construction materials supplier with a proven track record of delivering the highest quality supplies and services to their customers. They're the professionals' choice for contractor building supplies, and they're confident that you'll find what you're looking for with their huge and diverse product selection. They put great pride into the relationships and partnerships they form with their clients. Whether you own your own business, or you're a weekend do-it-yourselfer, they have the high grade construction and building materials you can depend on, regardless of the type of project you're currently tackling.

Universal Fiber Systems

Acquisition in 2007
Universal Fiber Systems LLC. is an innovation-driven global leader in the production of high quality synthetic fibers for a broad array of applications and industries. Serving customers in the production of the flooring, industrial, military, medical and apparel industries, you will find the fiber products manufactured by Their companies in most major brands and prominent projects around the world.

Brock White

Acquisition in 2018
Brock White is a professional grade construction materials supplier with a proven track record of delivering the highest quality supplies and services to their customers. They're the professionals' choice for contractor building supplies, and they're confident that you'll find what you're looking for with their huge and diverse product selection. They put great pride into the relationships and partnerships they form with their clients. Whether you own your own business, or you're a weekend do-it-yourselfer, they have the high grade construction and building materials you can depend on, regardless of the type of project you're currently tackling.

Evergreen North America

Merger/Acquisition in 2016
Evergreen Industrial Services is a leading provider of environmental and industrial cleaning solutions to the downstream and midstream energy sectors. Through a customer-centric culture and the deep-rooted principles of safety, integrity, accountability, and adaptability. Evergreen is a trusted partner to many of the largest and most discerning energy companies in North America, and we have become one of the fastest growing companies in our field. Our technical expertise, talented employees, and focused offering of specialized and complementary services uniquely position us to engineer solutions for our customers to address a wide range of complex industrial cleaning requirements, and to provide safe and certain service execution. We have the ability and proven track record of delivering solutions across a wide spectrum of applications, from routine daily activities to very large and complex projects and turnarounds. Evergreen takes tremendous pride in engineering and successfully executing technical solutions for our customers. We are leaders in each of our respective service lines, including Vapor Control, Chemical Cleaning, Tank Cleaning, Water Treatment, Vacuum Services, Hydroblasting, Hydroexcavation, and Industrial Logistics & Transportation. We can deliver these services on a stand-alone basis or as part of a multi-service, highly integrated solution.

Artisan Design Group

Acquisition in 2018
Artisan Design Group is a provider of of flooring products and services. Artisan Design Group is a dealer of flooring products and services, providing design, procurement, installation and quality control of flooring and complimentary products for homebuilders.

Roofing Supply Group

Acquisition in 2006
RSG employees are experts who have spent their careers learning every aspect of the roofing industry, which makes them a great resource for their customers who strive to grow long lasting profitable businesses. The Company’s strength is its team of innovators and problem solvers who work together to make every customer project a success. RSG’s unique company culture is clear to their customers. They believe in integrity and the one-on-one customer attention of a family owned business whose good name has stood the test of time, from generation to generation. More importantly, their team’s pride in ownership ensures that you will always benefit from optimum service levels and ownership ensures that you will always benefit from optimum service levels and a welcoming and friendly RSG relationship that will thrive for years.

Destin Jet, LLC

Merger/Acquisition in 2016
Destin Jet, LLC, a FBO, provides aviation services in Northwest Florida's Emerald Coast. It offers concierge flight services; and online reservation services for various travel needs, such as hotels, condos, beach houses, rental cars, shopping, family attractions, leisure entertainment, and others. The company was founded in 2004 and is headquartered in Destin, Florida.

Border Construction Specialties, LLC

Merger/Acquisition in 2016
Border Construction Specialties, LLC retails concrete accessories, masonry supplies, fabricated rebars, and industrial maintenance and building products for the construction industry in the Southwest. The company offers concrete accessories that include concrete stains and sealers, concrete repair or waterproofing materials, form and tilt products, or tools and equipment. It also offers masonry supplies, including hardscape/landscape products, stone and brick veneer, pavers, and lighting and bulk materials for residential, commercial, and do-it-yourself markets. In addition, the company offers personal protection equipment, including safety vests and hardhats, as well as fall protection products for residential, commercial, industrial, governmental, and power generation applications. Further, it engages in sourcing hard to find products and services to fill bid needs for government entities. The company was founded in 1955 and is based in Phoenix, Arizona. It has retail stores in Phoenix, Tucson, Flagstaff, and Yuma, Arizona; Las Vegas, Nevada; San Diego, California; and El Paso, Texas.

Aurora Jet Center

Merger/Acquisition in 2016
Aurora Jet Center comprises an airfield and is located in the United States.

Evergreen North America

Acquisition in 2016
Evergreen Industrial Services is a leading provider of environmental and industrial cleaning solutions to the downstream and midstream energy sectors. Through a customer-centric culture and the deep-rooted principles of safety, integrity, accountability, and adaptability. Evergreen is a trusted partner to many of the largest and most discerning energy companies in North America, and we have become one of the fastest growing companies in our field. Our technical expertise, talented employees, and focused offering of specialized and complementary services uniquely position us to engineer solutions for our customers to address a wide range of complex industrial cleaning requirements, and to provide safe and certain service execution. We have the ability and proven track record of delivering solutions across a wide spectrum of applications, from routine daily activities to very large and complex projects and turnarounds. Evergreen takes tremendous pride in engineering and successfully executing technical solutions for our customers. We are leaders in each of our respective service lines, including Vapor Control, Chemical Cleaning, Tank Cleaning, Water Treatment, Vacuum Services, Hydroblasting, Hydroexcavation, and Industrial Logistics & Transportation. We can deliver these services on a stand-alone basis or as part of a multi-service, highly integrated solution.

Bad Boy Mowers Inc

Private Equity Round in 2019
Bad Boy Mowers is a machinery company providing commercial lawn mowers.

PoolPak® LLC

Merger/Acquisition in 2016
PoolPak® LLC, doing business as Poolpak International, manufactures indoor pool dehumidification equipment. Its dehumidification solutions include various heating, ventilation, and air conditioning systems. The company also provides sales support, technical service support, and replacement parts. Its products are used in commercial, schools and university, hospitality, athletic, health and wellness, and residential pools, as well as educational library and other applications. The company was founded in 1986 and is based in York, Pennsylvania.

Lynx FBO Network

Acquisition in 2016
Lynx FBO Network provides fuel, ramp and other services to the general aviation industry.

240-unit Duluth Apartment Complex

Merger/Acquisition in 2019
240-unit Duluth Apartment Complex comprises multifamily apartments. The asset is located in the United States.

Process Equipment, Inc.

Merger/Acquisition in 2015
Process Equipment, Inc., doing business as ProcessBarron, designs, manufactures, installs, maintains, and repairs bulk material handling, air handling, and ash handling equipment for various heavy industrial applications. Its air handling products include industrial fans, such as airfoil, forward curved, backward curved, backward inclined, radial blade, and radial tip fans; dampers, including louver, butterfly, vortex, stack cap, and slide gates and guillotine dampers, as well as flow diverters, goggle valves, and isolation doors; metal and fabric expansion joints; dust collectors, including upgrades and replacements, and dust collector tubes; ducts and stacks; and overfire air and flue gas recirculation systems. The company’s material handling products include bulk material handling systems; reclaim systems, such as screw metering bins, as well as drag chain, circular screw, and traveling screw reclaimers for storage and metering; custom material handling conveyors, including drag chain, screw, and belt conveyors; materials screening and classifying products; and material handling components and spare parts. Its ash handling products include fly ash conveyor systems, bottom ash conveyor systems, recovery boiler salt cakes, rotary feeders, and double dump valves, as well as ash silos, conditioners, and unloaders. The company also offers auxiliary equipment, including custom equipment, access doors, boiler retrofits and upgrades, kiln seals and seal leaves, and air heaters and economizers. In addition, it provides emergency repair, onsite technical, construction, turnkey, and preventive maintenance services. The company serves biomass, power, cement and lime, steel and metals, and paper industries in North and South America. It offers its products through sales representatives in the United States, Canada, and Latin America. Process Equipment, Inc. was founded in 1981 and is based in Pelham, Alabama.

NorthAmerican Services Group

Acquisition in 2016
North American Industrial Services, Inc utilizes high pressure water blasters up to 40K P.S.I. and up to 700 hp to remove the toughest deposits in your facilities. We have the capability of performing offline and online hydro-blasting. Using the most advanced equipment, technologies and best trained work force in the industry we will finish the toughest jobs, safely and productively. North American Industrial Services, Inc maintains a large fleet of industrial vacuum trucks. Our vacuum trucks are all 27 inch vacuum and most are 6000 cfm. This enables us to move very large volumes of material over long distances and in a shorter period of time.