IRVINE, Calif. — Advantage Sales & Marketing here said Thursday that its equity partners, J.W. Childs Associates and BAML Capital Partners (Merrill Lynch Global Private Equity) have agreed to sell their majority interest in Advantage to funds affiliated with Apax Partners, another private-equity group. Terms of the transaction were not disclosed, although a report in the New York Times estimated the value at about $1.8 billion. According to that report, Apax would acquire 85% of the ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

WhyRegisterfor FREE?

Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.

Click here to read the FAQ page if you have any questions (opens in a new window)

Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.