Carlyle Group LP (CG.O) is in advanced talks to acquire Acosta Sales and Marketing, in a deal that could value the consumer goods marketing agency at close to $5 billion including debt, a person familiar with the matter said on Monday.
Carlyle, a Washington, D.C-based buyout firm, is in the final stages of negotiating the deal with Acosta's current private equity owner, Thomas H. Lee Partners LP, and could secure an agreement as early as this week, the person said.
The source spoke on condition of anonymity because the talks are confidential. Carlyle, Thomas H. Lee and Acosta declined to comment. The New York Post reported on the deal earlier on Monday.
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