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Stories tagged: Thomas H. Lee Partners


  • Sterling investment grows

    A Wall Street private equity firm has agreed to invest $139 million in Sterling Financial Corp. as the Spokane bank holding company continues its recapitalization effort. Warburg Pincus Private Equity …


  • Reputations invested in Sterling are as good as money

    Two important partners last week joined the Sterling Financial Corp. recapitalization effort. When it comes to brands, it’s hard to top the U.S. Department of the Treasury.


  • Treasury accepts Sterling discount

    The U.S. Treasury will accept a steep markdown of its investment in Sterling Financial Corp. as part of a recapitalization plan, the Spokane company announced Thursday. The markdown was a …


  • Boston equity firm invests $134.7 million in Sterling

    Thomas H. Lee Partners, a Boston private equity firm, will invest $134.7 million in struggling Sterling Financial Corp. as part of the Spokane bank-holding company’s ongoing effort to raise enough …


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