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TAG: The Financial Times

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

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

The Financial Times: ValleyCrest, Brickman may merge

April 24, 2014By

The investment firm that owns ValleyCrest Cos. may sell it to the Brickman Group’s ownership, The Financial Times (FT) reports. Such a deal would create the largest landscape firm in the U.S. with annual revenue approaching $2 billion. Brickman, which private equity firm KKR purchased in November for $1.6 billion, reported 2013 annual revenue of $920 million to Landscape Management... read more