Sterling Investment Partners

We are thrilled to announce that Chris Koziel, Tom Salama, and Danielle Lopez have been promoted to Senior Associate, Senior Associate, and Firm Operations Manager. Please join us in congratulating them on their well-deserved promotions and wishing them all the best in their future endeavors. We are proud to have them on our team and look forward to their continued contributions and achievements.

New platform announcement! We are thrilled to welcome Verdantas, a provider of integrated environmental science, engineering and consulting services with industry leading growth rates, into the Sterling Investment Partners family. Read the full press release on our website: https://lnkd.in/eicsXtH5

We are pleased to share that Sterling was ranked #8 globally out of 632 firms in the 2023 HEC Paris-Dow Jones Global Middle Market Buyout Performance Ratings. The ranking, announced on March 5, 2024, considered all firms who raised between $1 billion and $5 billion through at least two funds from 2010 to 2019. Sterling did not pay compensation in connection with obtaining or using such ranking. For more information on the ranking and its methodology visit their website: https://lnkd.in/gQDuw9yM

Sterling is finishing the year with a great new partnership with the team at Banner Industries.

Sterling is excited to announce our recent investment in Banner Industries, the leading distributor of specialty components, equipment and services into the semiconductor market. Banner has built an exceptional business and we are excited to support their team as we head into unprecedented growth in U.S. semiconductor manufacturing. Read more here: https://lnkd.in/etU_vpNF

It's been a pleasure working with the Heartland team.

Sterling is thrilled to announce the sale of HeartLand, LLC, a leading provider of commercial landscaping services in the U.S.  Sterling is extremely proud of our partnership with HeartLand, and we wish them all the best with their new partners. Read more here: https://lnkd.in/eXSeDXee

Thank you to all who joined our Annual Investor Meeting last week and helped make it the best yet! #annualmeeting #privateequity #investing #agm

Sterling is pleased to welcome Ruth Lane as Head of Investor Relations!

Norfolk, VA, and Lawrenceville, GA – 08/18/2023 Kendall Vegetation Services and Xylem Tree Experts (collectively "Xylem Kendall") are pleased to formally announce the strategic acquisition of Tom's Tree Service, an established service provider with over two decades of specialized experience in vegetation management across Iowa and Missouri. Randolph Hoover, Chief Executive Officer of Xylem Kendall, expounded, "The integration of Tom's Tree Service into our existing suite of services serves as an excellent enhancement to our market position in Iowa and Missouri. Moreover, we very much look forward to working with the many skilled professionals from Tom’s Tree Service as part of our larger organization. This strategic action aligns with our long-term objective to offer unparalleled vegetation management services on a national scale." Benjamin Hoover, President of Xylem Kendall, added, "We see compelling opportunities from integrating the operations of Tom’s Tree Service with our existing operations. Their reputation for safety, quality, and customer service integrate seamlessly into the Xylem Kendall culture, and greatly enhance our operating capabilities in Iowa and Missouri." Tom Birchmier, Founder of Tom's Tree Service, offered his insights, "We view this partnership as an incredible milestone that opens up expansive opportunities for our employees, customers, and partners. I am tremendously grateful to our dedicated team, whose hard work has brought us to this point. The synergies between our companies promise a trajectory of accelerated growth and achievement." Kurt Goodman, CPA, President of Kendall Vegetation Services, commented, "We are thrilled to welcome the clients and personnel of Tom’s Tree Services into our organization. The well-established reputation of Tom’s Tree Service for safety, quality, and customer satisfaction is in perfect harmony with our brand values." Joseph J. Gault, Partner at Sterling Investment Partners, stated, "We are fully supportive of this strategic union, which aligns well with our focus on long-term value creation for all Xylem Kendall stakeholders. We look forward to partnering with Tom’s and building a leading vegetation management operator in America’s heartland and beyond." Xylem Kendall 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. https://lnkd.in/eM3GFgaM