Buyout Firms Vying for Brickman Group Holdings

logo3According to Reuters, a number of buyout firms are interested in purchasing the Brickman Group Holdings.

The Blackstone Group and KKR & CO are in the group looking to purchase the company, which is up for sale for approximately $1.5 billion, the article states.

The sale is in its final stages this week with groups like TPG Capital and CVC Capital Partners also participating in the auction process.

Leonard Green & Partners, a Los-Angeles-based, private equity firm, took majority stake in Brickman back in 2007 in an $847 million deal, Reuters reports.

Scott Brickman’s grandfather founded the company in 1939. The current CEO is Andrew Kerin, a former senior executive at Aramark Corp.

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