Announced
Financials
Tags
Private Equity
hazardous transporation
chemicals transportation
Private
Transportation Services
Friendly
Acquisition
United States
Single Bidder
Synopsis
Stellex Capital Management, a middle market private equity firm with offices in New York and London, together with its portfolio company Grammer Industries has acquired Sterling Transport. Both carriers specialize in the transportation of hazardous and specialty chemicals, as well as several other commodities and materials. Terms of the transaction were not disclosed. “This is an exciting development for Sterling’s customers, drivers and its team of dedicated associates,” said Bart Middleton, CEO of Grammer. “As part of the Grammer family, Sterling will gain access to a broader set of resources which will enable the company to expand its service offering to its loyal customer base.”
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.