On the record · Other

Acosta Sales & Marketing

Carlyle Group acquired Acosta, one of the largest food and consumer goods sales agencies in North America, for roughly $3B in 2014. Acosta filed for Chapter 11 bankruptcy in 2019 with $3B+ in debt, affecting thousands of field sales employees.

Research depth

Outcomes researched

Reviewed operating findings or a classified operating outcome are available.

Record updated Sept. 4, 2026

Current ownership

Current owner not established

This record does not identify a current owner. That absence is a gap in the record, not a conclusion about ownership.

1 ownership record has an unresolved current/former status.

Ownership and transaction history

Chronology from recorded ownership periods, transactions and reviewed outcome events. Event order does not imply causation.

Date not recorded

Ownership period began

Owner: The Carlyle Group

Recorded history

What happened under and after ownership

Operating outcome

Operating through distress or restructuring

Carlyle-owned Acosta filed a prepackaged Chapter 11 on December 1, 2019 to eliminate about $3 billion of debt while continuing to serve clients. It emerged on January 2, 2020 with Carlyle's equity wiped out.

Owned by funds associated with Elliott Management, Oaktree Capital, Davidson Kempner and Nexus Capital following the January 2020 debt-for-equity reorganization.

Founded
1927
Sponsor at closure
The Carlyle Group
  • Jacksonville Daily Record · 2019 · Carlyle-owned Acosta's December 1, 2019 prepackaged Chapter 11 filing, CEO statement that operations would continue without disruption, and $3 billion debt elim
  • Bloomberg Law · Acosta emerged from Chapter 11 on January 2, 2020, with new equity ownership by Elliott Management, Oaktree Capital, Davidson Kempner and Nexus Capital funds, e

What we do not know

These are gaps in the public record, not findings about the organization.

  • No current public ownership assessment has been published.

Help improve this record

Firsthand experience, public sources and corrections can help close the gaps above.