Latham & Watkins Advises The Sterling Group in Acquisition of HLSG Intermediate, LLC
The Sterling Group (Sterling), a Houston, Texas‑based middle market private equity firm, has announced the acquisition of HLSG Intermediate, LLC (HLSG), a leading provider of outsourced healthcare linen products and laundry services, from York Capital, a New York‑based private equity firm. Sterling will partner with existing HLSG investors, including York Capital and management, to support HLSG’s continued growth.
Latham & Watkins LLP represented Sterling in the transaction with a corporate team led by Houston partner Bruce Herzog and Washington, D.C. partner Marc Granger, with associates Will Fullenweider, Jack French, and Diego Guimarães‑Blandón.* Advice was also provided on tax matters by Bay Area partner Katharine Moir, with associate Jake Meninga; on benefits and compensation matters by New York partner Bradd Williamson and Chicago counsel Leah Segall, with associates Mary Daniel Morgan and Anne Bracaglia; on real estate matters by New York counsel Shira Bressler, with associate Brandon Hemans; on intellectual property matters by Washington, D.C. partner Morgan Brubaker, with associates Kellye Quirk and Daniel Donovan; on data privacy matters by Austin/Houston partner Robert Brown, with associate Stuart Cobb; on environmental matters by Los Angeles partner Aron Potash, with associates Casey Kirk and Georgia Bellett; on antitrust matters by Washington, D.C. partner Jason Cruise, with associate Seamus Ronan; on labor matters by Chicago counsel Laura Waller, with associate Elizabeth Duncan; and on trade controls matters by Washington, D.C. partner Joe Bargnesi, with associate Cassie Martin Andry.
*Admitted to practice in Texas only.