M&A Deal Summary

The Sterling Group Acquires Greenbridge

On March 15, 2019, private equity firm The Sterling Group acquired packaging company Greenbridge

Acquisition Highlights
  • This is The Sterling Group’s 4th transaction in the Packaging sector.
  • This is The Sterling Group’s 33rd transaction in the United States.
  • This is The Sterling Group’s 1st transaction in Ohio.

M&A Deal Summary

Date 2019-03-15
Target Greenbridge
Sector Packaging
Buyer(s) The Sterling Group
Deal Type Buyout (LBO, MBO, MBI)

Target

Greenbridge

Mentor, Ohio, United States
Greenbridge is a securement packaging industry. Greenbridge manufactures polyester ("PET") and polypropylene strapping consumables, securement equipment and related products, serving the food and beverage, consumer packaged goods, and industrial industries. Greenbridge was founded in 1974 and is based in Mentor, Ohio.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

The Sterling Group

Houston, Texas, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1982
PE ASSETS 9.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

The Sterling Group is a private equity firm focused on acquiring middle-market businesses within basic manufacturing, industrial services, and distribution. Sterling looks for companies valued from $100 to $1000 million with positive cash-flow, strong market positions, and potential to grow. Sterling avoids investments in financial services, real estate, healthcare, or information technology companies. The Sterling Group was formed in 1982 and is based in Houston, Texas.


DEAL STATS #
Overall 36 of 54
Sector: Packaging M&A 4 of 5
Type: Buyout (LBO, MBO, MBI) M&A Deals 16 of 19
State: Ohio M&A 1 of 3
Country: United States M&A 33 of 51
Year: 2019 M&A 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-06 Process Barron

Pelham, Alabama, United States

Process Barron designs, manufactures, and installs industrial process fans and material handling systems and provides follow-on service and maintenance for this equipment. Process Barron serves various industries including pulp and paper, power, steel, cement, food, and agriculture. Process Barron was founded in 1981 and is based in Pelham, Alabama.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-12-11 Bad Boy Mowers

Batesville, Arkansas, United States

Bad Boy Mowers is a manufacturer of high-performance zero-turn riding lawn mowers. Bad Boy enjoys a major brand in the lawn care industry with its lineup of commercial-quality residential mowers and professional-grade commercial mowers. Bad Boy sells its mowers across an expanding base of independent dealers and outdoor retailers. Bad Boy Mowers was founded in 1998 and is based in Batesville, Arkansas.

Buy -