Our Private Equity Group is considered the go-to practice for complex, bespoke and firm-defining transactions. With clients ranging from the world’s leading institutional asset managers to prominent middle-market private equity and growth equity firms, we offer comprehensive advice to general partners, limited partners, co-investors and other equity stakeholders, as well as portfolio companies, lenders and financial sponsor groups. The depth and continuity of our relationships across the industry gives us a nuanced understanding of each client’s objectives and allows us to provide seamless, efficient counsel across the investment lifecycle.
CI Capital Partners to Sell Impact Group to Acosta
- Client News
- June 24, 2021
Paul, Weiss is advising CI Capital Partners, a New York-based private equity firm, on the sale of its portfolio company Impact Group to Acosta, an integrated sales and marketing services provider in the consumer packaged goods industry. Impact Group is a sales and marketing agency that provides outsourced sales, marketing and merchandising services to consumer packaged goods manufacturers.
Upon completion of the transaction, CI Capital will retain Impact's Cluep business unit, a digital advertising agency acquired by Impact Group in September 2018. The deal is expected to close in July 2021, pending approvals and closing conditions. Financial terms were not disclosed.
The Paul, Weiss team includes, among others, corporate partner Ted Ackerman and counsel Erika Detjen; tax partner Scott Sontag; litigation partner Aidan Synnott and counsel Steven Herzog and Jared Nagley; executive compensation counsel Reuven Falik and Nicole Tark; real estate partner Peter Fisch; intellectual property partner Claudine Meredith-Goujon; antitrust counsel Marta Kelly and Yuni Sobel; and environmental counsel William O'Brien.