The landscape management firm Brickman Group is discussing the possibility of acquiring ValleyCrest, according to a report from Total Landscape Care. This acquisition would make Brickman Group and its backer, KK&R, the largest integrated landscape company in the United States.
Brickman's focus is on commercial landscape maintenance. ValleyCrest works in landscape construction and golf course management.
The transaction is expected to be valued at approximately $1 billion. KK&R paid approximately $1.6 billion for Brickman back in December. Together, the companies would employ around 20,000 people and have revenue of more than $1.7 billion.
The transaction is still pending at the time of publication.
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