Connecticut-based Sterling Investment Partners has hired David Kahn as managing director. Kahn will oversee business development efforts at the firm including originating and qualifying new investment opportunities.
Prior to joining Sterling, Kahn was at American Securities where he led that firms business development activities. Before American Securities he was at GE Global Sponsor Finance handling private equity, co-investments and first began working with Sterling.
Sterling focuses on mid-market buyouts in a broad range of industries including business services, manufacturing, transportation and logistics, and technology. The firm is currently investing out of its most recent fund a $721 million vehicle that closed in October of last year.
The firm recently exited its interest in Survey Sampling International, alongside Providence Equity Partners. HCCG bought the company in a deal valued at approximately $500 million, PEI reported earlier this month.
Both Providence and Sterling will maintain a minority interest in the company. Upon completion of the investment, HGGC’s CEO Rich Lawson will become chairman of the board of SSI and will be joined by HGGC managing partner Steve Young. Providence and Sterling also maintain board representation.