Third Coast Capital Advisors Represents XKIG in its Acquisition of Timberline Clearing

November, 2025

Third Coast Capital Advisors served as exclusive buyside advisor to XKIG, a portfolio company of Sterling Investment Partners, in its acquisition of Timberline Clearing. Our Acquisition Search services included identifying the target and making contact with its owner, as well as providing assistance on valuation, transaction structure and the negotiation and closing of the transaction.

Timberline Clearing, headquartered in Port Byron, IL and founded in 2007, is a right-of-way services company providing mechanical and manual right-of-way clearing, mowing, herbicide applications, and land restoration services for the natural gas, electrical distribution, and railroad industries nationwide. The company is recognized for its specialized expertise in heavy equipment land clearing and rail corridor services.

XKIG, headquartered in Norfolk, VA, is a national leader in critical infrastructure services for the power and gas utility sectors, formed through the combination of Xylem Tree Experts and Kendall Vegetation Services, both portfolio companies of Sterling Investment Partners. The company employs more than 2,000 professionals across 20+ states, delivering vegetation management and right-of-way services to utilities and infrastructure owners throughout the United States.


For more information, please contact one of the individuals below:

Doug Lovette
Managing Partner
312-961-8763
dlovette@thirdcoastca.com

Mike Zycinski
Managing Director
773-230-7118
mzycinski@thirdcoastca.com


Third Coast Capital Advisors is an investment banking firm in Chicago, focused exclusively on buyside work. We provide three primary services to our clients:

  • Acquisition Search: Our core focus is to work with PE owned portfolio companies and corporate clients to identify, contact, and execute directly negotiated acquisitions on their behalf.

  • M&A Opportunity Assessment: We perform market research during a competitive sale process to assess and validate the add-on potential for a new platform.

  • Buyside Consulting Services: We provide project based services including acquisition strategy development, market research and corporate development support.


Doug Lovette
Managing Partner
312-961-8763
dlovette@thirdcoastca.com

Mike Zycinski
Managing Director
773-230-7118
mzycinski@thirdcoastca.com

Matt Clarke
Managing Director
480-626-0017
mclarke@thirdcoastca.com

Mark Harvey
Managing Director
312-925-2195
mharvey@thirdcoastca.com

Marc Pressler
Managing Director
847-971-7564
mpressler@thirdcoastca.com

Mike Dudek
Vice President
630-730-5978
mdudek@thirdcoastca.com