The firm has tasked Barclays and Morgan Stanley to hold an auction for the company, the report said.
Headquartered in Gaithersburg, Maryland, Brickman provides landscape maintenance, snow removal and landscape design/build services, with clients including commercial real estate companies, professionally managed residential communities, Fortune 500 corporations and public and private institutions.
Los Angeles-based Leonard Green took control of the company back in 2006, when it acquired a majority stake for $847m. In 2002, Chicago-based CIVIC Partners partnered with management to recapitalise the company and remains a shareholder.
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