Xylem Tree Experts and Kendall Vegetation Services announce the acquisition of Hardin Tree
FOR IMMEDIATE RELEASE
Wakefield, Va. – May 3, 2024 – Xylem Tree Experts and Kendall Vegetation Services (“Xylem Kendall”), leading providers of vegetation management services, are pleased to announce the acquisition of Hardin Tree.
Based in Collinsville, Okla., Hardin Tree is a family-owned and operated company led by Founder and President Glenn Hardin. He was introduced to the vegetation services industry in 2002 and established Hardin Tree in 2011. Hardin Tree has differentiated itself from their peers by providing excellent services and developing a business based on safety and reliability. They take great pride in delivering hands-on, personal attention to their customers while providing consistent, high-quality work across Oklahoma and Texas.
Randolph Hoover, Chief Executive Officer of Xylem Kendall said, “Partnering with Hardin Tree allows us to strategically expand our reach in the Midwest. Their established infrastructure and client base complement our existing network. We look forward to supporting their ability to deliver top-notch service to customers.”
“We have discussed joining forces with Hardin Tree for some time. We know that Xylem Kendall will be the catalyst their business needs to reach the next level,” said Xylem Kendall President, Benjamin Hoover.
“Xylem Kendall exhibits the same core values that we have used as the foundation of Hardin Tree. This partnership will strengthen the services we offer our customers and give our employees more opportunities to develop their careers,” said Glenn Hardin, President of Hardin Tree. “We are excited to take advantage of their cutting-edge technology and extensive infrastructure.”
“The growth and expansion Xylem Kendall has seen recently will continue for some time,” said Kurt Goodman, President of Kendall Vegetation Services. “We pursue companies that are driven by strong leadership and share our focus on safety and customer service.”
Operating in 26 states, Xylem Kendall maintains an industry-leading reputation for work quality, reliability and safety.
About Xylem Tree Experts
Xylem, headquartered in Wakefield, VA, is a leading provider of vegetation management and emergency storm response services, serving major investor-owned utilities, electric cooperatives and municipalities across the United States. www.xylemtree.com
About Kendall Vegetation Services
Kendall, headquartered in Lawrenceville, GA, specializes in vegetation management, including right-of-way maintenance, herbicide treatment and storm restoration. Our employees are engaged in providing professional vegetation management services every day. www.kendallco.net
About Sterling Investment Partners
Sterling Investment Partners (SIP) is a private equity firm that has been investing in and building middle-market companies for over 30 years with a highly experienced, cohesive team of senior investment professionals. Sterling focuses on value-added distribution and business services, acquiring businesses that the firm believes have strong, sustainable competitive advantages and significant opportunities for value creation. Over its history, Sterling has completed over 220 transactions, representing approximately $27 billion in aggregate value.
PRESS RELEASE
Contact: Jim Ryan
VP of Mergers & Acquisitions
757-663-1901
jryan@xylemtree.com
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