The Carlyle Group announced Monday it had signed a definitive agreement to buy Acosta Sales & Marketing — one of the biggest leveraged buyouts of the year.
The deal was first reported in The Post Monday. The story pegged the value of the deal at between $4.5 billion and $5 billion.
Carlyle declined to give the size when making the announcement.
Carlyle will now become the fourth private-equity firm to invest in Acosta since 2003, following Berkshire Partners, AEA Investors and THL Partners.
The company fits the private-equity profile: a steady business that requires little capital expenditure that theoretically can handle the money borrowed to finance a leveraged buyout.