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