FOR IMMEDIATE RELEASE
Lawrenceville, Ga. – April 5, 2024 – Xylem Tree Experts and Kendall Vegetation Services (“Xylem Kendall”), leading providers of vegetation management services, are pleased to announce the acquisition of Texar Line Clearance.
Based in Texarkana, Ark., Texar Line Clearance is a family-owned and operated company led by John and Fallon Scoggins. Over the past 15 years, they have established a foothold in vegetation management and line clearance across their region.
“As Xylem Kendall continues its expansion across the United States, we are looking to partner with established companies that share a similar mission to deliver reliable energy to the communities we serve,” said Randolph Hoover, Chief Executive Officer of Xylem Kendall.
Xylem Kendall President, Benjamin Hoover said, “Once we got to know the Texar team, it was clear their organization would be a natural fit to join Xylem Kendall. With their strong regional relationships and operational expertise, Texar is a great addition to our company. We are excited to welcome them to the team.”
“Becoming part of Xylem Kendall will allow us to grow faster as we take advantage of their established resources, particularly in technology and assets,” said John Scoggins, Founder and CEO of Texar Line Clearance. “We feel strongly that this opportunity will allow us to scale quickly while still providing top-notch service to our customers and outstanding advancement opportunities to our valued employees. We are excited to be a part of the platform that Xylem Kendall has built with the same shared core values as Texar Line Clearance. With similar backgrounds, Xylem Kendall was the best fit for Texar Line Clearance.”
Kurt Goodman, President of Kendall Vegetation Services said, “In the last year, Xylem Kendall has experienced rapid growth with the acquisition of Right of Way Services Division of ElectriCom (ROWS), Tom’s Tree Service, Right Way Tree Experts and now Texar Line Clearance. Our objective remains the same; to add companies that have strong leadership and our shared focus on safety and customer service. The addition of Texar strengthens the southwest area of our existing footprint.”
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.
Contact:
Jim Ryan
VP of Mergers & Acquisitions
757-663-1901
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