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The Sterling Group, L.P. Announces Acquisition of BTEC Turbines LP.

Publication: Business Wire
Publication Date: 29-SEP-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
HOUSTON -- The Sterling Group, L.P. ("Sterling"), a Houston-based private equity firm and The Stephens Group, LLC of Little Rock, Arkansas ("Stephens", and together, the "Investors"), today announced that they have finalized the acquisition of a majority stake in BTEC Turbines LP ("BTEC"). The acquisition was financed with equity and debt capital provided equally by the Investors.

Headquartered in a 200,000 square foot facility on the...

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