XKIG
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XKIG - overview
Established
2022
Location
Norfolk, VA, US
Primary Industry
Power & Utilities
About
Based in the US, and founded in 2022, XKIG is formed out of the merger of two vegetation management companies namely W. A. Kendall & Co. , Inc.
and Xylem Tree Experts Inc. In September 2022, W. A. Kendall & Co.
, Inc. and Xylem Tree Experts Inc. , both portfolio companies of Sterling Investment Partners merged to create W. A.
Kendall & Co. , Inc. /Xylem Tree Experts Inc. As of 2022, the firm is led by co-CEOs Randolph Hoover and Robert Williams, Benjamin Hoover will be President and Kurt Goodman will be CFO.
As well as it employs more than 2000 employees. The merged firm offers vegetation management services to new markets and also provides emergency storm response services across more than twenty states including the eastern seaboard, as well as the state bordering the Gulf of Mexico. Both the merged companies primarily offer services that include tree trimming, mowing, line clearing, and debris removal to utility, residential, municipal, commercial, and government customers.
Current Investors
Sterling Investment Partners
Primary Industry
Power & Utilities
Sub Industries
Facilities & Maintenance Services, Power & Utilities, Environmental Services
Total Amount Raised
Subscriber access only
XKIG - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Timberline Clearing, LLC | - | ||||||||
| Secondary Buyout | Completed | XKIG | - | ||||||||
| Add-on | Completed | ElectriCom, Inc. | - | ||||||||
| Add-on | Completed | Xylem Tree Experts Inc. | - | ||||||||
| Add-on, Trade Sale | Completed | W.A. Kendall & Co., Inc. | - |
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