September 30, 2015
Sterling Investment Partners Invests in a Trailer Parts & Accessories Business
Sterling Investment Partners ("Sterling"), a private equity firm that has been investing in and building middle-market companies for almost 25 years, announces that the firm invested in Aurora Parts and Accessories, LLC ("Aurora" or the "Company").
Aurora is the leading U.S. distributor of aftermarket parts and accessories for over-the-road semi-trailers. The Company offers the most complete line of branded and private label parts in the industry, maintaining a comprehensive inventory to serve all makes and models of trailer. Aurora has a national network of customers, and services these 500+ independently-owned trailer dealers, repair shops and national fleets through a 300,000 square foot distribution center. The Company’s dealer network provides the largest footprint in the industry, and these customers are supported by Aurora’s industry-leading technology platform.
Sterling Investment Partners
Sterling Investment Partners is a private equity firm with a highly experienced, cohesive team of senior investment professionals. Sterling acquires businesses that the firm believes have strong, sustainable competitive advantages and significant opportunities for value creation. Sterling has over $1.5 billion in initial fund commitments. Over its history, Sterling has completed platform investments, strategic or add-on acquisitions, recapitalizations and liquidity events with an aggregate transaction value of over $10 billion, representing more than 100 transactions. Key industries Sterling focuses on include business services, industrial and consumer value-added distribution, niche manufacturing, and transportation and logistics. www.sterlinglp.com