
Sterling Partners
Description
Sterling Partners is a well-established private equity firm with a history spanning over four decades, having been founded in 1983. Based in Chicago, the firm specializes in making control equity investments in middle-market companies across a select group of industries. Their core focus areas include education, healthcare, business services, and technology-enabled services, where they leverage deep sector expertise to identify and support growth-oriented businesses.
The firm's investment strategy centers on partnering with strong management teams to drive operational improvements and strategic growth initiatives. Sterling Partners is known for its hands-on approach, providing not just capital but also strategic guidance and operational support to help portfolio companies achieve their full potential. They typically seek out companies with enterprise values ranging from $100 million to $500 million, looking for opportunities to create significant value through organic growth, add-on acquisitions, and operational efficiencies.
Sterling Partners has successfully raised substantial capital over its history, with reports indicating over $6 billion in capital raised across various funds. This significant capital base allows them to make meaningful equity investments, typically ranging from $50 million to $200 million per transaction. Their long-term perspective and commitment to building sustainable businesses have contributed to their reputation for generating strong returns for their investors.
Investor Profile
Sterling Partners has backed more than 38 startups, with 1 new investments in the last 12 months alone. The firm has led 23 rounds, about 61% of its total and boasts 14 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Private Equity, Series Unknown, Series A rounds (top funding stages).
- Majority of deals are located in United States, Germany.
- Strong thematic focus on Software, Information Technology, Education.
- Typical check size: $50M – $200M.
Stage Focus
- Private Equity (29%)
- Series Unknown (26%)
- Series A (16%)
- Series B (13%)
- Seed (8%)
- Series C (5%)
- Angel (3%)
Country Focus
- United States (97%)
- Germany (3%)
Industry Focus
- Software
- Information Technology
- Education
- Health Care
- Analytics
- Medical
- Enterprise Software
- Marketing
- Payments
- Information Services
Frequently Asked Questions
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