What does The Sterling Group do?

The Sterling Group is a private equity firm based in Houston, Texas, founded in 1982. It focuses on middle-market investments, primarily in the industrial sector, including basic manufacturing, distribution, and industrial services. The firm partners with management teams to acquire and grow businesses, typically targeting companies with enterprise values between $100 million and $750 million. With over $9.4 billion in assets under management, The Sterling Group has completed transactions exceeding $24 billion across a diverse portfolio of 71 platform companies and add-ons. The firm emphasizes operational expertise in its investment strategy, engaging in buyouts, growth partnerships, and add-on acquisitions. It has a strong preference for collaborating with family businesses and corporate carve-outs, reflecting its commitment to working closely with established management teams.