Sterling Group Exits Synthetic Materials Maker Tangent Technologies

Since partnering with Tangent’s founders in 2018, Houston-based Sterling focused on scaling the firm’s production of recycled-feedstock materials. These products, which serve the outdoor living, marine decking, and structural sectors, have gained market share as durable alternatives to traditional building supplies. Under Sterling’s ownership, the company successfully expanded its reach into new end markets and diversified its customer base.

Financial advisory services for the deal were provided by Moelis and Lincoln, while McDermott Will & Schulte acted as legal counsel. The Sterling Group, which manages approximately $9 billion in assets, continues to focus on middle-market buyouts within the industrial services and manufacturing sectors.