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KKR To Acquire Landscaping Company Brickman For $1.6B

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Mani
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KKR & Co. L.P. (NYSE:KKR) announced its entrance into a definitive agreement to acquire landscaping company Brickman for $1.6 billion.

KKR To Acquire Landscaping Company Brickman For $1.6B

KKR & Co. L.P. (NYSE:KKR) will acquire the leading provider of landscape maintenance and snow removal services company from Leonard Green & Partners, L.P. and other shareholders.

KKR acquisition expected to close by end of 2013

Global investment firm Kohlberg Kravis Roberts & Co. LP’s North American Fund XI, and other funds and accounts managed by KKR & Co. L.P. (NYSE:KKR) made the purchase.

According...

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Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports