Advantage Sales & Marketing will soon be under new ownership. Apax Partners announced on Monday that it would be selling its majority interest in the company to equity firms Leonard Green & Partners and CVC Capital Partners. The terms of the agreement were not made public, but Reuters reported earlier in the week that the deal could exceed $4 billion. Advantage Sales & Marketing expects the company revenue to be $1.6 billion in 2014. “Apax Partners have added tremendous ...

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