Carlyle-backed Acosta to expand Canadian reach with buy of Higgins Cohn

U.S. consumer goods marketing agency Acosta Inc has agreed to buy Higgins Cohn Brand Management, a natural foods sales company based in Woodbridge, Ontario. The financial terms of the transaction were not disclosed. Acosta said the deal, which is expected to close next month, will expand its reach in the natural and specialty sales channel in Canada. Headquartered in Jacksonville, Florida, Acosta is a portfolio company of U.S. private equity firm The Carlyle Group. Carlyle acquired the business from Thomas H. Lee Partners in July 2014.

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