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TAG: KKR

Brickman, ValleyCrest complete merger

July 1, 2014By

Effective June 30, the Brickman Group and ValleyCrest Landscape Cos. completed their merger. “This merger combines over 140 years of industry knowledge, innovation and experience,” said Andrew Kerin, CEO of the combined company. “As one company, we plan to accelerate the growth of our business—providing greater opportunities for our team members and more customized solutions for our clients throughout the lifecycle... read more

Getting schooled: Numbers behind the largest 150 firms in the landscape industry

June 5, 2014By

A look at the numbers behind the largest 150 firms in the landscape and lawn care industry. The Green Industry’s largest 150 firms, ranked by annual revenue, grossed a total of $7,668,025,804 in 2013 sales. That’s a 0.2 percent drop from last year’s list, despite the list’s bottom threshold bumping up to nearly $7.6 million from $5.4 million last year.... read more

Q&A: Brickman, ValleyCrest CEOs address merger

May 23, 2014By

Earlier this week, the Brickman Group and ValleyCrest Cos. officials put a month of rumors to rest when they said they would merge, creating a nearly $2 billion company with a national footprint and offices on two coasts. The companies, based in Rockville, Md., and Calabasas, Calif., respectively, are the two largest landscape service providers in North America. Brickman CEO... read more

Brickman, ValleyCrest agree to merge

May 21, 2014By
logo: Brickman and ValleyCrest

The Brickman Group, based in Rockville, Md., and Calabasas, Calif.-based ValleyCrest Cos. agreed to merge. Terms were not disclosed for the deal, which creates a nearly $2 billion landscape and snow services company. Combined, Brickman and ValleyCrest will have more than 20,000 employees. The merger is expected to close by mid-2014. Following the close, current Brickman owner KKR will have... read more

Who is talking about the collective landscape industry?

May 5, 2014By

Are your ears ringing? They should be. People are talking about the collective landscape industry, and it’s a good thing. Who do I mean? Investors at private equity firms like KKR, which bought the Brickman Group last year for $1.6 billion. KKR also is reportedly in talks to acquire ValleyCrest Cos. for around a billion dollars. Readers of Forbes, which... read more

What a merger could mean

April 28, 2014By
logo: Brickman and ValleyCrest

With reports swirling of a blockbuster deal that could merge the ValleyCrest Cos. with the Brickman Group—forming a nearly $2 billion national landscape company—landscape contractors and consultants are weighing in on the likelihood the deal will go through and what it could mean for the rest of the market. “KKR has plenty of money to invest and it makes sense... read more