Private Equity Firm Industrial Services

The Sterling Group

Houston, Texas, United States

Founded in 1982, The Sterling Group, L.P. is a private equity investment firm that targets controlling interests in basic manufacturing, industrial services and distribution companies. Sterling partners with management teams on operational and strategic growth; typical enterprise values of target companies range from $100 million to $750 million.

Focus Areas
Basic manufacturing, Industrial services, Distribution

Tracked deals

73

73 tracked deals across 2016-2026.

Recent pace

8

8 tracked deals announced in the last 12 months.

Deal mix

Addon

58 addon · 15 buyout

The Sterling Group Acquisition Volume by Year

Last 10 years

Acquisition volume by year Annual acquisition counts for the last 10 years for The Sterling Group. 1 2017 1 2018 14 2019 9 2020 20 2021 5 2022 9 2023 1 2024 7 2025 ~7 est. 5 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

Showing the 12 most recent of 73 tracked deals for The Sterling Group.

  • Overhead Garage Door (OGD) Completes Add-On Acquisitions of Madisonville, Hall’s, and Compaan Garage Doors
    September 9, 2026
    Buyer
    Overhead Garage Door (OGD), The Sterling Group Foundation Fund, The Sterling Group
    Target
    Madisonville Garage Doors, Hall's Garage Doors, Compaan Garage Doors
    Industry
    Industrial Services
    Location
    Texas, United States
    Type
    Addon

    Overhead Garage Door (OGD), a portfolio company of The Sterling Group Foundation Fund, has completed three add-on acquisitions: Madisonville Garage Doors (June 2026), Hall’s Garage Doors (June 2026), and Compaan Garage Doors (August 2026). The deals expand OGD’s service density across the Midwest and Mid-Atlantic and extend its coverage into metropolitan markets in Michigan.

  • Pavement Preservation Group Acquires Asphalt Paving Systems
    May 19, 2026
    Buyer
    Pavement Preservation Group, Inc., The Sterling Group
    Target
    Asphalt Paving Systems, Inc.
    Industry
    Industrial Services
    Location
    New Jersey, United States
    Type
    Addon

    Pavement Preservation Group, a portfolio company of The Sterling Group, announced the acquisition of Asphalt Paving Systems, Inc. and its related pavement preservation affiliates. The deal adds a vertically integrated pavement preservation contractor and asphalt/emulsion manufacturer to PPG’s growing national platform.

  • The Sterling Group Foundation Fund Acquires The Scruggs Companies (from Rox Capital Partners)
    April 24, 2026
    Buyer
    The Sterling Group Foundation Fund, The Sterling Group
    Target
    The Scruggs Companies, Scruggs, Neil Technical Services (NTS)
    Seller
    Rox Capital Partners
    Industry
    Infrastructure
    Location
    Texas, United States
    Type
    Buyout

    Rox Capital Partners sold The Scruggs Companies, a municipal water infrastructure platform, to The Sterling Group Foundation Fund. The deal includes Scruggs’ regional flow control products and repair/maintenance services supporting municipal water and wastewater systems across the Southern and Midwestern United States. Financial terms were not disclosed, and the existing leadership team is expected to remain in place under Sterling’s ownership.

  • The Sterling Group Acquires Healthcare Linen Services Group (HLSG)
    April 11, 2026
    Buyer
    The Sterling Group, L.P., York Private Equity
    Target
    Healthcare Linen Services Group (HLSG)
    Seller
    York Capital Management's private equity arm (York Private Equity), York Capital Management's private equity group (York Private Equity)
    Industry
    Healthcare Services
    Location
    Illinois, United States
    Type
    Buyout

    The Sterling Group, an operationally focused middle-market private equity firm, completed its acquisition of Healthcare Linen Services Group (HLSG) from York Capital Management’s private equity arm (York Private Equity). HLSG provides outsourced linen laundry and management services to healthcare institutions across the United States, operating 20–23 processing facilities in 13 states.

  • Pavement Preservation Group Acquires Holbrook Asphalt and Integrated Pavement Solutions
    January 28, 2026
    Buyer
    Pavement Preservation Group, Inc., The Sterling Group
    Target
    Holbrook Asphalt, LLC, Integrated Pavement Solutions, LLC
    Industry
    Industrial Services
    Location
    Utah, United States
    Type
    Addon

    Pavement Preservation Group (PPG), a portfolio company of The Sterling Group, acquired Holbrook Asphalt, LLC and Integrated Pavement Solutions, LLC to expand its national pavement preservation platform. The deal broadens PPG’s geographic footprint across the Intermountain West, Southwest and Southern United States and adds IPS’s HA5 product line and related preservation capabilities to the platform.

  • Russell Landscape Group Acquires Utz Environmental Services
    November 10, 2025
    Buyer
    Russell Landscape Group, The Sterling Group Foundation Fund
    Target
    Utz Environmental Services
    Industry
    Environmental Services
    Location
    Texas, United States
    Type
    Addon

    Russell Landscape Group, a portfolio company of The Sterling Group Foundation Fund, has acquired Utz Environmental Services, a commercial landscaping provider based in Austin, Texas. The deal is Russell's first entry into Texas and represents an add-on acquisition to expand the platform's regional footprint across the Southern U.S.

  • Precision Concepts International (PCI) Acquires Comar
    November 4, 2025
    Buyer
    Precision Concepts International (PCI), The Sterling Group
    Target
    Comar
    Industry
    Manufacturing
    Location
    New Jersey, United States
    Type
    Addon

    Precision Concepts International (PCI), a portfolio company of The Sterling Group, has acquired Comar to create a scaled rigid packaging platform serving consumer and healthcare customers across North America. The deal expands PCI's product and geographic footprint and enhances customer and end-market diversification in rigid and medical plastic packaging.

  • Vance Brothers (Pavement Preservation Group) Acquires Circle C Paving
    October 6, 2025
    Buyer
    Vance Brothers, LLC, Pavement Preservation Group, Inc., The Sterling Group
    Target
    Circle C Paving and Construction, LLC, Circle C Transport, LLC
    Seller
    Chad Alexander (owner of Circle C)
    Industry
    Construction
    Location
    Kansas, United States
    Type
    Addon

    Vance Brothers, a division of Pavement Preservation Group (PPG) — a portfolio company of The Sterling Group — has completed the acquisition of Circle C Paving and Construction, LLC and Circle C Transport, LLC (collectively "Circle C"). Headquartered in Goddard, Kansas, Circle C is a regional provider of pavement preservation (primarily chip and scrub sealing) serving public, commercial and residential customers in Kansas and northern Oklahoma; the business will be integrated into Vance/PPG to expand the platform’s regional presence and capabilities.

  • PrimeFlight Aviation Services Acquires StratAir Cargo Handling Operations
    August 4, 2025
    Buyer
    PrimeFlight Aviation Services, The Sterling Group, Capitol Meridian Partners
    Target
    StratAir (cargo handling operations)
    Seller
    Saltchuk Aviation
    Industry
    Logistics & Distribution
    Location
    Florida, United States
    Type
    Addon

    PrimeFlight Aviation Services, a portfolio company of The Sterling Group and Capitol Meridian Partners, has acquired StratAir’s cargo handling operations at Miami International Airport (MIA), Richmond International Airport (RIC), and Luis Muñoz Marín International Airport (SJU). The deal expands PrimeFlight’s cargo handling footprint and capacity—adding StratAir’s facilities (including a 120,000 sq. ft. third‑party handling complex at MIA) and experienced personnel to PrimeFlight’s growing global cargo network.

  • The Sterling Group to Acquire Majority Ownership Stake in Precision Concepts International from ONCAP
    July 15, 2025
    Buyer
    The Sterling Group
    Target
    Precision Concepts International, LLC (PCI)
    Seller
    ONCAP
    Industry
    Manufacturing
    Location
    North Carolina, United States
    Type
    Buyout

    The Sterling Group, a Houston-based middle-market private equity firm, entered into a definitive agreement to acquire a majority ownership stake in Precision Concepts International, LLC (PCI) from ONCAP. PCI is a specialty rigid packaging solutions provider headquartered in Huntersville, North Carolina, with five U.S. manufacturing facilities plus locations in Canada and Costa Rica.

  • The Sterling Group Acquires Pavement Preservation Group, Inc. and Vance Brothers to Form Nationwide PPG Platform
    May 15, 2025
    Buyer
    The Sterling Group
    Target
    Pavement Preservation Group, Inc., Vance Brothers, LLC
    Industry
    Construction
    Location
    United States
    Type
    Buyout

    The Sterling Group has acquired Arizona-headquartered Pavement Preservation Group, Inc. (PPGI) and Kansas City-based Vance Brothers, LLC to create Pavement Preservation Group (PPG), a new national platform focused on pavement preservation and asphalt maintenance. Darin Matson, a long-time pavement sector executive and former CEO of Rogers Group, was named CEO to lead the platform as Sterling pursues a buy-and-build expansion across the central and southwestern United States.

  • Lowe's Companies Acquires Artisan Design Group (ADG) in $1.325B Deal
    April 14, 2025
    Buyer
    Lowe's Companies, Inc., The Sterling Group
    Target
    Artisan Design Group, ADG
    Seller
    The Sterling Group
    Industry
    Professional Services
    Location
    Texas, United States
    Type
    Buyout

    Lowe's Companies, Inc. entered into a definitive agreement to acquire Artisan Design Group (ADG) for $1.325 billion. ADG is a nationwide provider of design, distribution, and installation services for interior finishes (flooring, cabinets, and countertops) to home builders and property managers, and the deal is aimed at expanding Lowe's Pro distribution channel. The acquisition was completed on June 2, 2025.

Related Acquisition Pages

Building Products Buyers & Acquisitions 34 tracked deals by The Sterling Group. Manufacturing Buyers & Acquisitions 9 tracked deals by The Sterling Group. Industrial Services Buyers & Acquisitions 8 tracked deals by The Sterling Group. Infrastructure Buyers & Acquisitions 5 tracked deals by The Sterling Group. Acquisitions in Texas 14 tracked deals by The Sterling Group. Acquisitions in Florida 8 tracked deals by The Sterling Group. Acquisitions in Georgia 4 tracked deals by The Sterling Group. Acquisitions in New Jersey 4 tracked deals by The Sterling Group.

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