NORFOLK, Va. And LAWRENCEVILLE, Ga., May 3, 2023 /PRNewswire/ — Sterling Investment Partners is pleased to announce the appointment of Randolph Hoover as the new Chief Executive Officer (CEO) of the combined company of Xylem Tree Experts and Kendall Vegetation Services July 1, 2023. Randolph will take the helm of the combined holding after his tenure as co-CEO. The combined company will operate from Norfolk, VaAnd Lawrenceville, Georgiaproviding comprehensive vegetation management services to investor-owned utilities, cooperative utilities and municipalities throughout the United States.
Robert Williamscurrent Co-CEO of the combined company and President and CEO of Kendall Vegetation Services, is retiring, effective June 30, 2023. Robert joined Kendall Vegetation Services in 1988 and served as President and Chief Executive Officer, overseeing Kendall’s strategic direction, results and culture. During his more than 30 years at Kendall, Robert has helped the company expand throughout the Southeast and Midwest. Robert will continue to serve on the board as a strategic advisor to the company.
Randolph Hoover brings over 29 years of leadership experience to his new role, having co-founded Xylem Tree Experts. In addition to Hoover’s appointment Benjamin Hoover will assume the positions of President of the combined company and President of Xylem Tree Experts, Kurt Gutman will serve as the combined company’s Chief Financial Officer (CFO) and President of Kendall Vegetation Services and Scott Konikoff will serve as the combined company’s Chief Legal Officer (CLO), overseeing risk and strategic initiatives.
“I am honored to be part of the leadership team developed to operate two national brands under one roof,” he said Randolph Hoover. “Our partnership with Sterling Investment Partners to bring these two great companies together has enabled us to create a company that today covers approximately half of the United States with nearly 3,000 dedicated employees. Personally, I couldn’t be prouder of the business we have created and we see a bright future – our best days are yet to come Robert Williams for his unwavering dedication and exceptional leadership over the years. Robert and his family have built a leading vegetation management company and we couldn’t be more excited to bring Xylem, Kendall and Sterling together.”
“I’m really grateful for the opportunity to lead Kendall all these years and for the partnership with Sterling Investment Partners,” he added Robert Williams. “I continue to be excited about the combination of these two leading platforms in the vegetation services industry and the opportunity ahead to deliver world-class, critical services to our customers across the country.”
The merger of Xylem Tree Experts and Kendall Vegetation Services, backed by Sterling Investment Partners, will leverage the strengths of both organizations to create a leader in vegetation management The United States. The combined company will continue to provide exceptional service and innovative solutions to its customers while maintaining its commitment to employee safety, growth and development.
For more information about the combined company, Xylem Tree Experts and Kendall Vegetation Services, visit www.xylemtree.com and www.kendallco.net.
About Sterling Investment Partners
Sterling Investment Partners is a private equity firm with a wealth of experience investing in and building high growth mid-market companies. Sterling is focused on delivering value through strategic growth, operational improvements and acquisitions. Visit www.sterlinglp.com for more information.
SOURCE Sterling Investment Partners
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