Third Coast Capital Advisors Represents Xylem Kendall in its Acquisition of Tree Care of New York

March, 2025

Third Coast Capital Advisors served as exclusive buyside advisor to Xylem Kendall, a portfolio company of Sterling Investment Partners, in its acquisition of Tree Care of New York. 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.

Tree Care of New York, based in Alden, NY, is a family-owned tree service company with over 25 years of experience. They provide a range of tree care services including tree removal, pruning, stump grinding, line clearance, and integrated vegetation management. Their typical customers include residential property owners, utility companies, and municipalities.

Xylem Tree Experts, headquartered in Wakefield, VA, and Kendall Vegetation Services, headquartered in Lawrenceville, GA, are both leading providers of critical vegetation management services. The two companies have operated under the Sterling umbrella since September of 2022, and together create one of the largest vegetation management providers across the United States serving major investor-owned utilities, electric cooperatives, and municipalities.


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