Advantage Sales & Marketing LLC (ASM) today announced it has agreed to become an equity partner in Advantage Waypoint LLC, a newly formed sales and marketing company focused on the foodservice industry.

Advantage Sales & Marketing LLC (ASM) today announced the appointment to its board of directors, Richard G. Wolford, the former chairman, president and chief executive officer of Del Monte Foods, effective as of Sept. 9, …

Advantage Sales & Marketing LLC (ASM), North America’s premier sales and marketing agency, today announced that the Company’s equity partners J.W. Childs Associates, L.P. and BAML Capital Partners (Merrill Lynch Global Private Equity) have agreed to sell their majority interest in ASM to funds advised by Apax Partners (“Apax”), one of the world’s leading private equity investment groups. Terms of the transaction were not disclosed.

Source: Supermarket News
CEO Sonny King is quoted in the Aug. 31 issue of Supermarket News. Check out what he says about ASM, the future of outsourcing, Consumer Packaged Goods trends and more.
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