Revealed: Oct. 13, 2021 at 9:22 AM CDT|Up to date: 12 minutes in the past
HOUSTON, Oct. 13, 2021 /PRNewswire/ — The Sterling Group, a Houston-based, operationally targeted center market non-public fairness agency, declares the addition of Carsten Weber as Know-how Director. As a member of the agency’s Portfolio Assets Group, Carsten will lead expertise worth creation throughout the agency’s portfolio corporations.
Carsten brings over 20 years of expertise management expertise in numerous roles each in industrial companies and in consulting. Most just lately, Carsten was the Director of PMO and ERP Transformation at Enbridge.
“Carsten is a superb addition to the Sterling household and has already begun executing necessary initiatives firm-wide within the few months he has been with us,” mentioned Brian Henry, Accomplice.
For forty years, Sterling has partnered with administration groups of business companies to drive progress and transformation. Know-how is one in every of Sterling’s Seven Levers, or seven areas by which the agency persistently and materially impacts companies. Know-how investments sometimes supply significant alternatives for worth creation at industrial corporations.
About The Sterling Group
Based in 1982, The Sterling Group is a personal fairness and personal credit score funding agency that targets investments in fundamental manufacturing, distribution, and industrial companies corporations. Typical enterprise values of those corporations at preliminary formation vary from $100 million to $750 million. Sterling has sponsored the buyout of 61 platform corporations and quite a few add-on acquisitions for a complete transaction worth of over $14.0 billion. Sterling at present has over $5.0 billion of property beneath administration. For additional data, please go to www.sterling-group.com.
Previous efficiency isn’t any assure of future outcomes and all investments are topic to loss.
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SOURCE The Sterling Group, L.P.
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