Pemberstone Capital Partners Acquires Sterling Thermal Technology Ltd

Blackstone Energy Partners Acquires Therma Holdings (and RE Tech Advisors) from Gemspring Capital

November 9, 2020

Engineering Services

Private equity funds managed by Blackstone Energy Partners have entered into a definitive agreement to acquire Therma Holdings LLC, a specialty mechanical, electrical and controls services provider, from Gemspring Capital. Blackstone is also acquiring RE Tech Advisors, Inc. and will integrate it into Therma to expand energy efficiency, sustainability and building management capabilities; the combined business will support mission-critical facilities across technology, life sciences, healthcare and data center end markets.

Souter Investments to acquire Premier Hytemp

November 3, 2023

Manufacturing

Souter Investments has agreed terms to acquire Premier Hytemp and is partnering with CEO Mohit Sreen in a management buyout that will make the management team significant shareholders. Premier Hytemp is a global provider of precision engineered alloy components and turnkey metals solutions for the energy industry, operating facilities in the United Kingdom, Singapore, and Malaysia; Souter says it will invest to grow the company’s capacity and capabilities.

TransPerfect Acquires Sterling Technology

August 29, 2022

Cloud & SaaS

TransPerfect acquired UK-based Sterling Technology, a leading European provider of virtual data room (VDR) solutions, to expand its technology offerings and market reach in Europe. Financial terms were not disclosed; Sterling's leadership, including CEO Geoff Keating, will join TransPerfect's senior management team.

L Squared Capital Partners Acquires Sterling Trading Tech

September 8, 2021

Cloud & SaaS

L Squared Capital Partners acquired Chicago-based Sterling Trading Tech from LLR Partners and other investors, with Sterling’s management participating in the transaction. The deal positions L Squared to invest in product development, sales expansion and strategic add-on acquisitions to broaden STT’s trading platform, OMS and risk product suite across additional asset classes and geographies.

Cairngorm Capital Partners Acquires Grant & Stone

November 18, 2019

Building Products

Cairngorm Capital Partners has acquired Grant & Stone Limited, a High Wycombe–based independent builders' merchant, and its ecommerce subsidiary Trading Depot UK Limited from the founding shareholders. The private equity firm will support management with capital and strategic guidance to expand the business via new branches and add-on acquisitions across the Thames Valley.

Thermon Group Holdings Acquires Vapor Power International

January 15, 2024

Manufacturing

Thermon Group Holdings, Inc. (NYSE: THR) has acquired Vapor Power International, a provider of electric and gas-fired boilers and steam generators, from StonePointe LLC and members of Vapor Power's management. The acquisition (reported at approximately $110 million) expands Thermon's product portfolio into electric resistance, electrode and super critical coil tube boilers, supporting its electrification and decarbonization strategy.