Mergers & Acquisitions

Literati Acquires Follett Book Fairs
January 18, 2022 at 11:00 pm

Literati, the Austin, Tex., subscription book box and online book club company, has purchased Follett Book Fairs. The fairs will be rebranded Literati Book Fairs and will continue to service PreK-8 schools around the country starting this spring.

Fable Raises $20 Million, Partners with Bookstore
January 10, 2022 at 11:00 pm

Fable, a mobile platform for online book clubs that launched in early 2021, has announced $20 million in Series A funding, which will used to expand the company's services, such as the recently launched club with 'Lord of the Rings' actor Sean Astin.

RBmedia Enters the German Audiobook Market
January 5, 2022 at 11:00 pm

RBmedia has entered the German audiobook market using a two-step approach: forming RBmedia Verlag and acquiring German audiobook publisher ABOD to supply titles to the new unit.

Chicago Review Press Acquires Interlude Press
January 4, 2022 at 11:00 pm

Chicago Review Press acquired Interlude Press, a publisher of LGBTQ+ fiction, including YA fiction released under its Duet Books imprint. Interlude has been distributed by CRP's parent company, IPG, since 2019.

Bloomsbury Buys ABC-CLIO for $22.3 Million
December 16, 2021

U.K-based Bloomsbury Publishing has expanded its presence in the U.S. with the acquisition of the academic and reference publisher ABC-CLIO for a purchase price of $22.3 million. Headquartered in Santa Barbara, ABC-CLIO had sales of $14.7 million in 2020.

Bloomsbury Buys ABC-CLIO for $22.9Million
December 15, 2021 at 11:00 pm

U.K-based Bloomsbury Publishing has expanded its presence in the U.S. with the acquisition of the academic and reference publisher ABC-CLIO for a purchase price of $22.9 million. Headquartered in Santa Barbara, ABC-CLIO had sales of $14.7 million in 2020.

Vivendi to Pursue Total Ownership of Lagardère
December 12, 2021 at 11:00 pm

After Vivendi finishes acquiring additional shares of Lagardère this week, it will own a 45.1% stake in the company, forcing Vivendi to make a tender offer for all remaining shares.

Book Depot Acquires American Book Company
December 9, 2021

In a major deal in the bargain book business, Book Depot, the bargain book distributor based in Thorold, Ont., has acquired American Book Company headquartered in Knoxville, Tenn.

Control of SAGE Publishing Moves to Trust
December 7, 2021

In a move to keep the publishing company independent, founder Sara Miller McCune has signed over her voting shares and company control to the SAGE-SMM Trust.