- The Sterling Group Builds a Leading HVAC Manufacturer Under the Name Specified Air Solutions
- Safe Fleet, A Portfolio Company of The Sterling Group, Completes the Acquisition of Seon Design Inc.
- The Sterling Group Completes the Acquisition of Aquatic US Holdings Corp.
- Saxco International, a Portfolio Company of The Sterling Group, Acquires Square Peg Packaging and Printing, LLC
HOUSTON, TX (July 02, 2014) – The Sterling Group, a middle market private equity firm based in Houston, Texas, announced that its affiliated investment fund, Sterling Group Partners III, L.P., completed the acquisition of Roberts-Gordon LLC (“Roberts-Gordon”) on July 1, 2014. Headquartered in Buffalo, New York, Roberts-Gordon designs and manufactures specialty commercial and industrial HVAC equipment as well as industrial process and finishing equipment. The company’s diverse product offering is utilized in a range of niche market applications, primarily in manufacturing facilities, warehouses, vehicle service shops, educational facilities, commercial offices, energy terminals, chicken houses and retail establishments. Roberts-Gordon operates six manufacturing facilities in the United States and the United Kingdom. “Roberts-Gordon is a leading manufacturer in a number of niche …
Saxco International, LLC, A Portfolio Company of The Sterling Group, Acquires Synergy Glass & Packaging
Saxco International, LLC, the market leader in the distribution of rigid packaging for the liquor, wine and craft beer industry has acquired Synergy Glass & Packaging; it was announced by Matthew Malenfant, chief executive officer of Saxco International. Based in Benicia, California, Synergy and its former affiliates has been distributing glass bottles and packaging solutions to the wine and food industries since 2003. Saxco’s partnerships with North American glass, plastic and closure manufacturers, as well as its unparalleled global sourcing capabilities, allow it to deliver highly customized solutions to serve its customers’ packaging needs. “Synergy’s customer focused business model has the same culture of high touch service as that of Saxco and we are excited about Synergy being part of …
HOUSTON, TX (September 30, 2013) – The Sterling Group, a middle market private equity firm based in Houston, Texas, today announced that its affiliated investment fund, Sterling Group Partners III, L.P., has completed the acquisition of ROM Corporation (“ROM”) and Specialty Manufacturing, Inc. (“SMI”), combining the businesses through its holding company, Safe Fleet Acquisition Corp. The investment is Sterling’s fifth investment in its third fund, an $820 million fund raised in 2010. The companies were formerly owned but independently operated and financed by Century Park Capital Partners. Headquartered in Belton, Missouri, the newly combined company provides safety-and productivity-oriented components to the emergency vehicle, truck and trailer, utility vehicle, school bus, and transit bus end markets. Together, ROM and SMI maintain …