Announced
Financials
Tags
Private Equity
Management Consulting
Acquisition
benefit consulting
Friendly
Canada
Minority
Private
Pending
Single Bidder
Cross Border
Synopsis
True Wind Capital, a San Francisco-based private equity firm, agreed to invest in Sterling Capital Brokers, an independent benefit consulting firm. Financial terms were not disclosed. "We are thrilled to partner with Sterling, which has built a differentiated suite of tech-enabled services that not only enables customized benefit solutions but also lowers costs and simplifies the administrative process for all constituents. We look forward to supporting Stefan, David, John and Sterling’s talented team by leveraging our proven capabilities in scaling technology-enabled businesses through both organic initiatives and strategic acquisitions," Aaron Matto, True Wind Partner.
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