Sterling Investment Partners Closes Over $1.6 Billion in Oversubscribed Fifth Fund

Sterling Investment Partners ("Sterling" or the "Firm"), a leading middle market private equity firm focused on business services and distribution sectors, today announced the final close of its fifth institutional fund, Sterling Investment Partners V, L.P. ("Fund V"), at its hard cap of $1.6 billion in institutional capital commitments plus significant investment by Sterling employees.

Fund V was significantly oversubscribed, surpassing its $1.25 billion target and fully committed within a few months of launching. The majority of Fund V's capital was committed by returning investors, and Sterling is pleased to welcome several new, global institutional investors.