Sterling Investment Partners Acquires W.A. Kendall (Kendall Vegetation Services)

Blue Point Capital Recapitalizes W.A. Kendall and Co.

January 7, 2019

Environmental Services

Blue Point Capital Partners completed a recapitalization of W.A. Kendall and Co., partnering with management to support growth and operational improvements at the vegetation-management services provider. Headquartered in Lawrenceville, Georgia, W.A. Kendall serves investor-owned and public utilities, as well as rural electric cooperatives across the Southeast United States; BB&T Capital Markets served as the company's exclusive financial advisor for the transaction.

Sterling Investment Partners Acquires Xylem and Merges it with Kendall Vegetation Services

September 20, 2022

Environmental Services

Sterling Investment Partners, in partnership with Xylem management (Randolph and Benjamin Hoover), has acquired Xylem, Inc. and combined it with Sterling's existing portfolio company Kendall Vegetation Services to form a larger vegetation management platform. The combined business — led by Co‑CEOs Randolph Hoover and Robert Williams — employs over 2,000 people, operates in 20+ states, and will expand vegetation management and emergency storm response capabilities across the eastern seaboard, Gulf states and beyond.

Xylem Kendall Acquires Tom's Tree Service

August 18, 2023

Environmental Services

Xylem Kendall — comprised of Kendall Vegetation Services and Xylem Tree Experts and backed by Sterling Investment Partners — has acquired Tom's Tree Service, a regional vegetation-management operator serving Iowa and Missouri. The add-on expands Xylem Kendall's Midwest footprint and adds local operational capacity and storm-response capabilities.

Sterling Investment Partners Acquires Verdantas

May 7, 2024

Environmental Services

Sterling Investment Partners has acquired a majority stake in Verdantas, LLC from Round Table Capital Partners, with Verdantas management, employees, and RTC retaining significant equity. Based in Tampa, Florida, Verdantas is an integrated environmental science, engineering, and consulting firm that has grown rapidly through 18 acquisitions since 2020 and employs over 1,450 staff nationwide.

Verde Equity Partners Acquires Steven Smith Landscape

September 30, 2023

Environmental Services

Verde Equity Partners, a San Diego-based private equity firm, has acquired Steven Smith Landscape, a commercial landscape and property maintenance company serving Southern California for over 40 years. The deal expands Verde's vertical roll-up platform in North County San Diego as the firm continues consolidating owner-operated landscaping businesses across the Western U.S.

Sterling Investment Partners Acquires Majority Stake in HeartLand, LLC from Great Range Capital

September 6, 2019

Environmental Services

Westport, Connecticut-based Sterling Investment Partners made a majority equity investment in HeartLand, LLC, a Kansas City-based commercial landscape management platform, in partnership with HeartLand management. The transaction represents Great Range Capital’s sale of its portfolio company after building HeartLand through multiple regional acquisitions; Sterling will partner with management to support continued growth across the Midwest and Mountain West.