Advantage Solutions INC 8-K filings

Advantage Solutions Inc. has amended its first lien credit agreement, securing lower interest rates on its term loan and resetting prepayment premiums.

Advantage Solutions reported strong 2023 results, exceeding financial guidance with a 4.3% revenue increase and a solid fourth-quarter performance, and anticipates low single-digit growth in 2024.

Advantage Solutions divests its foodservice division to Prospect Hill Growth Partners for $100 million, including a 7.5% stake in the newly formed Acxion Foodservice.