Sources: The Sterling Group, Houston; CP staff
Middle market private equity specialist Sterling Group has acquired Iowa-based Stetson Building Products, Inc., a management-owned construction supply distributor with nine branches and a distribution center in the Midwest. Stetson is the third business assimilated into concrete and masonry contractor-geared Construction Supply Holdings, formed in November 2016 after Sterling closed two charter acquisitions, Brock White Co. LLC, St. Paul, Minn., and Border Construction Specialties LLC, Phoenix.
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