Mergers & Acquisitions

KKR Completes Purchase of Simon & Schuster
October 30, 2023 at 1:00 am

The private equity firm, whose other holdings include OverDrive, has finalized its $1.62 billion purchase of S&S, the country's third largest trade book publisher.

Norton Signs Distribution Deals with Harvard, Yale
October 24, 2023 at 1:00 am

W. W. Norton will take over distribution for both Yale University Press and Harvard University Press next fall, when it will begin selling titles set to be released in January 2025.

Hardie Grant Sells U.K. Division to PRH UK
October 6, 2023 at 1:00 am

Penguin Random House UK has acquired Australia-based publisher Hardie Grant Publishing’s U.K. publishing business, which is comprised of Hardie Grant UK and Quadrille. The sale will have no direct impact on Hardie Grant North America's business.

Abrams, RBmedia Ink Audio Deal
September 26, 2023 at 1:00 am

Abrams has signed an exclusive multi-year agreement with RBmedia, giving the independent audio publisher rights to hundreds of Abrams' fiction and nonfiction titles. The first audiobooks under the deal will be published in spring 2024.

With a Twist, Sale of RBmedia Completed
September 18, 2023 at 1:00 am

The private equity firm KKR has completed its sale of audiobook publisher RBmedia to investment firm H.I.G. Capital and private equity firm Francisco Partners.

CJK Group Adds Worzalla to Its Printer Portfolio
September 5, 2023 at 1:00 am

Worzalla, one of a shrinking number of independent printers in the U.S., has been acquired by CJK Group. The purchase marks CJK's third acquisition of a printer this year.

S&S Posts Solid Second Quarter
August 8, 2023 at 1:00 am

Led by another good performance by its audiobooks division and what CEO Jon Karp called "fantastic" results in the U.K., operating income rose 14% at Simon & Schuster in the second quarter ended June 30, 2023 over the comparable period last year.