KKR to Acquire Brickman Group for $1.6B

KKR and The Brickman Group announced today that they have entered into a definitive agreement under which KKR will acquire Brickman for $1.6 billion from Leonard Green & Partners, L.P. and other shareholders. Founded in 1939, Brickman is the leading provider of landscape maintenance and snow removal services in the U.S. With nearly 10,000 employees nationwide, Brickman serves a diversified base of over 10,000 clients, including some of the most well-respected companies and institutions in the U.S. Andrew Kerin, Chief Executive Officer of Brickman, said “We are very pleased to partner with KKR, a leading investment firm with extensive