Thomas H. Lee invests $171 million in Sterling Financial - MarketLine Financial Deals

Thomas H. Lee invests $171 million in Sterling Financial

Thomas H. Lee invests $171 million in Sterling Financial - MarketLine Financial Deals
Thomas H. Lee invests $171 million in Sterling Financial
Published Aug 26, 2010
4 pages — Published Aug 26, 2010
Price US$ 20.00  |  Buy this Report Now

About This Report

  
Abstract:

Sterling Financial Corporation, the bank holding company of Sterling Savings Bank, has completed its $730 million transaction raising new capital from institutional, private equity and other accredited investors.

As part of the transaction, Thomas H. Lee Partners, L.P. (THL), a private equity firm, has invested $171 million in Sterling.

  
Source:
Document ID
MA24078_100429
Country
Ticker
PNC=US
Ticker
STSA=US
Company
Format:
PDF Adobe Acrobat
Buy Now

MarketLine Financial Deals—MarketLine Financial Deals – Identifying and tracking major financial activity across our full scope of company and sector coverage, MarketLine Financial Deals covers mergers & acquisitions, private equity/venture capital backed buyouts, investments, and exits, IPOs and secondary and follow on offerings, and private placements and exits. Additional non-corporate financial deals including partnership agreements, joint ventures, co-development and research, licensing and co-marketing agreements are also available.

About the Author


Cite this Report

  
MLA:
MarketLine Financial Deals. "Thomas H. Lee invests $171 million in Sterling Financial" Aug 26, 2010. Alacra Store. Dec 09, 2016. <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Thomas-H-Lee-invests-171-million-in-Sterling-Financial-2052-32030>
  
APA:
MarketLine Financial Deals. (2010). Thomas H. Lee invests $171 million in Sterling Financial Aug 26, 2010. New York, NY: Alacra Store. Retrieved Dec 09, 2016 from <http://www.alacrastore.com/storecontent/MarketLine-Financial-Deals/Thomas-H-Lee-invests-171-million-in-Sterling-Financial-2052-32030>
  
US$ 20.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our MarketLine Financial Deals from one place.