Macmillan Acquires Hayden-McNeil Publishing
Macmillan has acquired the Plymouth, Mich.-based Hayden-McNeil Publishing, a publisher of custom textbooks and lab manuals for the higher education market. The acquisition adds to Macmillan’s portfolio of higher education publishers, which includes Bedford St. Martin’s, W.H. Freeman and Worth Publishers.
Hayden-McNeil works with authors and institutions to produce custom-created products that are tailored to the needs of individual schools and student populations. According to Macmillan, Hayden-McNeil has been experiencing rapid growth as demand has accelerated for customized educational media and materials. “The merger with Macmillan is expected to provide Hayden-McNeil with a platform for future growth by delivering the added reach and resources through access to Macmillan’s content, educational technology and distribution assets,” according to a statement issued by Macmillan.
“Custom publishing is an increasingly important part of the mix throughout college publishing, and Hayden-McNeil is the gold-standard in this fast-growing part of the market,” says Brian Napack, president of Macmillan. “As teaching and learning moves increasingly online, we expect customization to be a core principle of successful publishing. The world-class team assembled by [Hayden-McNeil Founder and CEO] Patrick Olson will expand Macmillan’s efforts to pursue this important objective and our commitment to delivering the best products and services to our customers.”
Hayden-McNeil will continue to operate as a stand-alone business; its headquarters will remain in Plymouth. Hayden-McNeil President Jeff McCarthy and his current management team will continue to lead the company.