THL to Buy Acosta
Publish Date:
January 6, 2011
Thomas H. Lee Partners LP agreed to buy the Acosta food marketing company from private-equity firm AEA Investors LP, as deals between buyout companies rose to a record. The transaction, which was announced in a statement from Jacksonville, Florida-based Acosta Sales & Marketing, values the company at more than $2 billion, according to three people briefed on the talks. The purchase is scheduled to close in the next 60 days and there will be no change to the senior management or operations, Acosta said.
READ MORE
