Sterling Transport

Confluence Advisors, LLC is pleased to announce that it advised Sterling Transport Co., Inc. (“Sterling”) in its sale to Grammer Industries, Inc., a portfolio company of Stellex Capital Management.  

Sterling is a third-generation family-owned business founded by the Hinton family in 1939. The company has grown into an established transporter of hazardous and specialty chemicals and materials, serving customers in the Southeast, the Midwest, as well as the East Coast and states further West, including Texas.  

The combined business will have 22 terminals, 350 tractors, 850 specialty trailers and over 500 drivers and owner-operators who will continue to support more than 2,000 delivery points serving over 500 customers. 

“This is an exciting development for Sterling’s customers, drivers and its team of dedicated associates,” said Bart Middleton, CEO of Grammer. “As part of the Grammer family, Sterling will gain access to a broader set of resources which will enable the company to expand its service offering to its loyal customer base.” 

Hugh Hinton, CEO of Sterling commented, “Confluence was outstanding to work with and we couldn’t have completed this transaction without their guidance, support and dedication. Their knowledge of the trucking industry, attention to detail and strategic advice was crucial to our success.”