HOUSTON–(BUSINESS WIRE)–The Sterling Group (“Sterling”), a Houston-based, operationally focused middle market private equity firm, is pleased to announce the appointment of Dan Bucaro to the firm’s leadership ranks as Partner, Operating Executive.
Dan joins Sterling after more than two decades of partnering with Sterling as either Chief Executive Officer or Chairman of the Board of multiple portfolio companies. Most recently, Dan was CEO of Sterling portfolio company PrimeFlight Aviation Services, and prior to that, was CEO of Landmark Aviation. Dan and Sterling Partner Greg Elliott first joined forces in 2003 to build Trajen and then Encore, two successful aviation services businesses. With over forty years of management and operational experience across aviation services, retail, and distribution sectors, Dan brings deep expertise and proven leadership capabilities to the firm. In his board roles, Dan has been an invaluable resource to several Sterling portfolio companies, including Velcon Filters, ProcessBarron, Lynx FBO Network, West Star Aviation, L&S Mechanical, and Gulf Winds.
“After working closely with the Sterling team throughout much of my career, I am honored to join the official ranks of the organization. I look forward to continuing our collaboration and building winning businesses in the industrial sector,” said Dan Bucaro.
Greg Elliott, Partner at The Sterling Group, added, “Dan’s unique ability to develop and cultivate leadership talent across Sterling’s portfolio as a board member and now Operating Executive will continue to have a tremendous impact on our companies as an integral part of the Sterling value creation model.”
About The Sterling Group
Founded in 1982, The Sterling Group is a private equity and private credit investment firm that targets investments in basic manufacturing, distribution, and industrial services companies. Typical enterprise values of these companies at initial formation range from $100 million to $750 million. Sterling has sponsored the buyout of 76 platform companies and numerous add-on acquisitions for a total transaction value of over $25 billion. Sterling currently has over $9 billion of assets under management. For further information, please visit https://sterling-group.com/.
Past performance is no guarantee of future results and all investments are subject to loss.
Contacts
The Sterling Group
Franny Jones
[email protected]
