Acosta Sales plans new debt financing for buyout by Carlyle Group

By Sara Rosenberg

New York, July 29 – Acosta Sales & Marketing plans on getting new debt to help fund its acquisition by the Carlyle Group from Thomas H. Lee Partners LP, according to a news release.

Goldman Sachs, J.P. Morgan Securities LLC and Morgan Stanley are leading the debt.

In connection with this transaction, GIC, which is an investor in Acosta, will re-invest in the company.

Closing is expected in the third quarter.

Acosta is a Jacksonville, Fla.-based full-service sales and marketing agency in the consumer goods industry.

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