The Sterling Group has promoted Scott MacLaren and Franny Jones to managing directors. Also, the Houston-based operationally focused private equity firm promoted Max Klupchak to general counsel and upped Claudine Lussier to principal.
HOUSTON, Feb. 6, 2019 /PRNewswire/ — The Sterling Group, an operationally focused private equity firm based in Houston, Texas, announced the promotions of Scott MacLaren, Franny Jones, Max Klupchak, and Claudine Lussier.
Scott MacLaren has been promoted to Managing Director. Scott joined Sterling in 2014 from The Boston Consulting Group and has played an integral role on the deal teams of American Bath Group, Highline Aftermarket, Lynx FBO Network, and Evergreen North America. Scott spent a year embedded at American Bath Group where he successfully drove major transformation at the company.
Franny Jones has been promoted to Managing Director. Franny joined Sterling in 2010 to focus on the firm’s fundraising and investor relations efforts. With Franny’s leadership in this area, Sterling has further enhanced its fundraising capabilities and transparent communications with investors.
Max Klupchak has been promoted to General Counsel. Max joined Sterling in 2015 from Kirkland &Ellis LLP to oversee legal matters at the firm. Max has built out Sterling’s internal legal processes and has also had a meaningful impact advising Sterling’s portfolio companies.
Claudine Lussier has been promoted to Principal. Claudine joined Sterling in 2017 from Jacobs Engineering. In a short period of time, Claudine has driven improvements in all areas of Sterling’s talent development activities, both internally and at Sterling portfolio companies.
“We are thrilled to recognize these four outstanding contributors to The Sterling Group. Each shares a passion for building winning industrial businesses and a focus on continuous improvement,” said Brad Staller, a Partner at Sterling.
About The Sterling Group
Founded in 1982, The Sterling Group is a private equity investment firm that targets controlling interests in basic manufacturing, distribution and industrial services companies. Typical enterprise values of these companies range from $100 million to $750 million. Sterling has sponsored the buyout of 54 platform companies and numerous add-on acquisitions for a total transaction value of over $10.0 billion. Currently, Sterling has over $1.9 billion of assets under management. For further information, please visit www.sterling-group.com.