The Sterling Group's Success Story Continues
April 29, 2024, 9:30 pm
The Sterling Group, a powerhouse in the private equity world, recently closed its oversubscribed sixth private equity fund, raising a staggering $3.5 billion. This Houston-based firm, known for its operational focus and expertise in the industrial middle market, exceeded its target and welcomed a mix of returning and new investors from around the globe.
With a track record spanning four decades, The Sterling Group has honed its value creation strategy, leveraging secular tailwinds in the industrial sector to drive success for Fund VI. The firm's emphasis on corporate carve-outs and family businesses highlights its commitment to operational excellence and partnership with management teams.
Led by a seasoned partner group with over 100 years of collective experience, including names like Greg Elliott and Franny Jones, The Sterling Group continues to make waves in the industry. Founded in 1982, the firm has sponsored the buyout of 71 platform companies and executed numerous add-on acquisitions, totaling over $24 billion in transaction value.
As The Sterling Group's assets under management soar to $9.4 billion, its legacy of success and commitment to value creation remain unwavering. This latest fundraising achievement cements the firm's position as a leader in the private equity landscape, poised for even greater growth and impact in the years to come.
With a track record spanning four decades, The Sterling Group has honed its value creation strategy, leveraging secular tailwinds in the industrial sector to drive success for Fund VI. The firm's emphasis on corporate carve-outs and family businesses highlights its commitment to operational excellence and partnership with management teams.
Led by a seasoned partner group with over 100 years of collective experience, including names like Greg Elliott and Franny Jones, The Sterling Group continues to make waves in the industry. Founded in 1982, the firm has sponsored the buyout of 71 platform companies and executed numerous add-on acquisitions, totaling over $24 billion in transaction value.
As The Sterling Group's assets under management soar to $9.4 billion, its legacy of success and commitment to value creation remain unwavering. This latest fundraising achievement cements the firm's position as a leader in the private equity landscape, poised for even greater growth and impact in the years to come.