Companies · Business Services

Sterling Ultimate Parent Corp.

NEW YORK · Business Services · https://sterling-group.com/

Diligence memoA one-page analyst read on Sterling Ultimate Parent Corp. — recommendation, valuation, rhythm, risks.
$831.8M
Total raised · real
4
Rounds
1.6×
Latest step-up
Top 1%
Sector rank · raised
Growth/Late
Latest stage · inferred · Tue Dec 01 2020 00:00:00 GMT+0000 (Coordinated Universal Time)

Sterling Ultimate Parent Corp. looks under-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the business services sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.01× the median modeled value of Growth/Late Business Services companies in 2019–2021 (7 peers) — value vs value, same stage and era.
Dormant
  • Last raise 5.6 yr ago; this sector typically re-raises about every 12 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Business Services

Sterling Ultimate Parent Corp. is one of 2439 Business Services companies tracked from NEW YORK. By capital raised it ranks among the largest (ahead of 100% of sector peers), and in the upper tier by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

The Sterling Group is an operationally focused middle market private equity firm that partners with management teams to grow and build winning businesses in the industrial sector.

The Sterling Group is an operationally focused middle market private equity firm that partners with management teams to grow and build winning businesses in the industrial sector. The Sterling Group is an operationally focused middle market private equity firm that partners with management teams to grow and build winning businesses in the industrial sector. Sterling identified an opportunity to transition a family-owned business, supplement the management team, transform the company’s customer value proposition, improve efficiency of manufacturing operations, and scale the business into a vertically-integrated global leader. In creating a best-in-class platform, Sterling and Lynx emphasized identifying and executing strategic acquisitions that would each contribute to a stronger collective network. Sterling has executed a strategy to bring together multiple leading regional and local construction supply distributors. Sterling added key team members and worked to centralize several, unintegrated legacy businesses and take better advantage of company’s scale. Together, Sterling and the Stonecipher brothers combined five different manufacturers to create the second largest bathtub com

Find Sterling Group online

Trades publicly as Sterling Group.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
14
Investors (latest)
2015
Year incorporated
2020-12-01
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$5.0B$10.0B$15.0B$20.0BGrowth/Late · 2015-06-19 Raised $678M (real) Modeled valuation $16.5B (est)Growth/Late2015Series D+ · 2015-06-26 Raised $156M (real) Modeled valuation $3.7B (est)Series D+2015Growth/Late · 2015-06-26 Raised $144M (real) Modeled valuation $3.5B (est)Growth/Late2015Series C · 2015-06-26 Raised $79M (real) Modeled valuation $1.9B (est)Series C2015Series D+ · 2015-06-26 Raised $146M (real) Modeled valuation $3.4B (est)Series D+2015Series C · 2015-06-26 Raised $42M (real) Modeled valuation $993M (est)Series C2015Series B · 2015-06-26 Raised $38M (real) Modeled valuation $857M (est)Series B2015Series C · 2015-06-26 Raised $95M (real) Modeled valuation $2.2B (est)Series C2015Series C · 2015-06-26 Raised $67M (real) Modeled valuation $1.6B (est)Series C2015Growth/Late · 2015-11-25 Raised $3.5M (real) Modeled valuation $85M (est)Growth/Late2015Growth/Late · 2020-12-01 Raised $5.7M (real) Modeled valuation $130M (est)Growth/Late2020Cumulative $1.5B

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Growth/Late$678.1M · 2015
Bridge · Growth/Late-stage$156.0M · 2015smaller follow-on
Growth/Late extension$144.4M · 2015
Bridge · Growth/Late-stage$79.3M · 2015smaller follow-on
Bridge · Growth/Late-stage$146.2M · 2015smaller follow-on
Bridge · Growth/Late-stage$42.4M · 2015smaller follow-on
Bridge · Growth/Late-stage$37.7M · 2015smaller follow-on
Bridge · Growth/Late-stage$95.4M · 2015smaller follow-on
Bridge · Growth/Late-stage$67.5M · 2015smaller follow-on
Growth/Late extension$3.5M · 2015
Growth/Late extension$5.7M · 2020

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 57%.

Modeled valuation trajectory
$130.3M
Base estimate est.
$45.7M
Conservative case
$224.2M
Upside case
$57.4M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Growth/Latea round over $400M). Valuation is modeled from stage benchmarks scaled by the business services sector profile. Directional, not a quoted figure.

Growth/Late · modeled $16.5B · 2015-06-192015Series D+ · modeled $3.7B · 2015-06-26Growth/Late · modeled $3.5B · 2015-06-26Series C · modeled $1.9B · 2015-06-26Series D+ · modeled $3.4B · 2015-06-26Series C · modeled $993.0M · 2015-06-26Series B · modeled $856.7M · 2015-06-26Series C · modeled $2.2B · 2015-06-26Series C · modeled $1.6B · 2015-06-26Growth/Late · modeled $85.0M · 2015-11-25Growth/Late · modeled $130.3M · 2020-12-012020
Model inputs · modeled:benchmark-stage-stepup-v1
10%
Dilution assumption
Implied ownership sold in the financing.
92%
Survival probability
80% low · 98% high
1.18×/yr
Annual markup
1.28×/yr upside case
5.6 yr
Elapsed time used
5.6 yr actual, capped for stale marks
business services
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
7 mo
Avg between rounds
$152.5M/yr
Capital velocity
11.0 yr
On record since
2015
First round
11
Rounds on file
How it compares to the market

Benchmarked against 2439 companies in Business Services. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 569× above median
This company$831.8M
Sector median$1.5M
Latest round — vs other Growth/Late rounds in sector (real $, this stage) 0.0× of median
This company$5.7M
Sector median$442.3M
Modeled value — vs sector median (estimate, all stages) 8.7× above median
This company$130.3M
Sector median$15.0M

Raised more than 100% of sector peers (real $). Modeled value above 89% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Growth/Late) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #7 of 7.

This companyCohort peer
$10.0M$100.0M$1.0B$10.0B$100.0B$100.0M$1.0B$10.0BCapital raised (log)EP Global Production Solutions, LLC · Growth/Late Raised $976.2M · modeled $23.7B (est)AlixPartners Holdings, LLP · Growth/Late Raised $918.1M · modeled $22.3B (est)Custom Truck One Source, Inc. · Growth/Late Raised $883.0M · modeled $19.0B (est)Edition Holdings, Inc. · Growth/Late Raised $845.7M · modeled $17.6B (est)Tinuiti Group Holdings, L.P. · Growth/Late Raised $532.4M · modeled $2.0B (est)Juro System Inc · Growth/Late Raised $1.6B · modeled $574.5M (est)Sterling Ultimate Parent Corp. (this company) Raised $831.8M · modeled $130.3M (est)Sterling Ultimate Parent Corp.
CompanyStageRaised · realValue · estvs peer med.
EP Global Production Solutions, LLCGrowth/Late$976.2M$23.7B1.34×
AlixPartners Holdings, LLPGrowth/Late$918.1M$22.3B1.26×
Custom Truck One Source, Inc.Growth/Late$883.0M$19.0B1.08×
Edition Holdings, Inc.Growth/Late$845.7M$17.6B1.00×
Tinuiti Group Holdings, L.P.Growth/Late$532.4M$2.0B0.11×
Juro System IncGrowth/Late$1.6B$574.5M0.03×
Sterling Ultimate Parent Corp. this companyGrowth/Late$831.8M$130.3M0.01×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Growth/Late$678.1M2015-06-19$6.8B$16.5B85%
Series D+$156.0M2015-06-26$1.3B$3.7B90%
Growth/Late$144.4M2015-06-26$1.4B$3.5B90%
Series C$79.3M2015-06-26$528.4M$1.9B90%
Series D+$146.2M2015-06-26$1.2B$3.4B90%
Series C$42.4M2015-06-26$282.4M$993.0M85%
Series B$37.7M2015-06-26$209.6M$856.7M85%
Series C$95.4M2015-06-26$635.9M$2.2B90%
Series C$67.5M2015-06-26$449.8M$1.6B90%
Growth/Late$3.5M2015-11-25$35.0M$85.0M85%
Growth/Late$5.7M2020-12-01$57.4M$130.3M90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Growth/Late$678.1M2015-06-19
    • First recorded raise — entered as Growth/Late.
    • 38 investors on this round.
  2. Series D+$156.0M2015-06-26
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 4.3× smaller than the prior — bridge or down round.
    • 163 investors on this round.
  3. Growth/Late$144.4M2015-06-26
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 149 investors on this round.
  4. Series C$79.3M2015-06-26
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.8× smaller than the prior — bridge or down round.
    • 132 investors on this round.
  5. Series D+$146.2M2015-06-26
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.8× larger than the prior — scaling up.
    • 149 investors on this round.
  6. Series C$42.4M2015-06-26
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 3.5× smaller than the prior — bridge or down round.
    • 36 investors on this round.
  7. Series B$37.7M2015-06-26
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 27 investors on this round.
  8. Series C$95.4M2015-06-26
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 2.5× larger than the prior — scaling up.
    • 139 investors on this round.
  9. Series C$67.5M2015-06-26
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.4× smaller than the prior — bridge or down round.
    • 124 investors on this round.
  10. Growth/Late$3.5M2015-11-25
    • Came back fast: 5 mo vs the ~12 mo sector norm.
    • Round 19.3× smaller than the prior — bridge or down round.
    • 2 investors on this round.
  11. Growth/Late$5.7M2020-12-01
    • Raised again after 60 mo — slower than the ~12 mo sector norm.
    • Round 1.6× larger than the prior — scaling up.
    • 14 investors on this round.
Intelligence
2021 ~Q2
Modeled next raise · ~7mo cadence
$9.4M
Modeled next size est.range $6.1M$15.1M
1.6×
Last step-up
$152.5M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Adrian Jones5 other2015-06
Sean Cunningham4 other2015-06
Mark Jennings3 other2015-06
Thomas Klein3 other2015-06
Michael Grebe2 other2015-06
William Chen2 other2015-06
Andrew Porter1 other2015-06
CHRISTIAN PUSCASIU1 other2015-06
Christopher Crampton1 other2015-06
Jill Larsen1 other2015-06
Mark Wetzel1 other2015-06
Pericles Mazarakis1 other2015-06
Roland Lessard1 other2015-06
William Greenblatt1 other2015-06
Alla Frederick Schay2015-06
Alla Schay2015-06
Arie Frederick Kanofsky2015-06
Arie Kanofsky2015-06
Bertand Villon2015-06
Bertrand Villon2015-06
Billy Frederick Goldstein2015-06
Clare Hart2015-06
Danielle Frederick Korins2015-06
Daniel O'Brien2015-06
Registry & provenance

Sterling Ultimate Parent Corp. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1645070
SEC CIK
2015
Incorporated
Recent activityActive

Discovered from sterling-group — the partnerships, launches, hiring and press it publishes about itself. Evidence the company is alive and what it is doing now, not financial data.

Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

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Interline Brands, Inc./DeOtherSeries A$17.6M$2.4Mnetwork2 shared operators
Inmar Investment Holdings, LLCBusiness ServicesSeries D+$178.2M$72.9Msame sector
Measurabl, Inc.Business ServicesSeries C$173.8M$44.4Msame sector
Relevate Holdings, LPBusiness ServicesSeries C$156.3M$137.2Msame sector
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

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Metal
Institutional Intelligence for Private Equity
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Frequently asked
How much funding has Sterling Ultimate Parent Corp. raised?
Sterling Ultimate Parent Corp. has raised approximately $831.8M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Sterling Ultimate Parent Corp.'s estimated valuation?
Provath's modeled valuation for Sterling Ultimate Parent Corp. is approximately $130.3M (modeled range $45.7M–$224.2M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Sterling Ultimate Parent Corp. at?
Sterling Ultimate Parent Corp.'s latest modeled financing stage is Growth/Late. Its most recent recorded round closed around Tue Dec 01.
What does Sterling Ultimate Parent Corp. do and where is it based?
Sterling Ultimate Parent Corp. operates in the Business Services sector, based in NEW YORK. The Sterling Group is an operationally focused middle market private equity firm that partners with management teams to grow and build winning businesses in the industrial sector.
Explore related

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