Mergers & Acquisitions

Clarivate Completes ProQuest Acquisition
December 3, 2021

London-based Clarivate has completed its $5.3 billion purchase of ProQuest in a deal that creates a powerhouse in the library and information publishing market.

Teacher Created Materials Buys Free Spirit
December 2, 2021

Teacher Created Materials has acquired Minneapolis-based Free Spirit Publishing for an undisclosed price. The purchase involves about 300 titles, most focused on social and emotional learning for young people.

Sweden's Storytel Buys
November 14, 2021

Storytel, the international audiobook streaming company, is buying from KKR, owner of RBMedia, for an undisclosed amount. This marks the fast-growing company's entry into the English-language audiobook market.

Spotify Expands in the Audiobook Business
November 12, 2021

Looking to accelerate its expansion into the audiobook market, the Swedish audio streaming subscription service giant Spotify has agreed to acquire Ohio-based digital audiobook distributor Findaway for an undisclosed price.

Follett Sells Baker & Taylor to B&T CEO
November 4, 2021 at 1:00 am

The makeover of Follett Corp. continues with the announcement that it has sold Baker & Taylor to a private investment company led by Aman Kochar, B&T CEO and president.

IPG Buys U.K Distribution Company United Independent Distributors
October 20, 2021 at 1:00 am

Independent Publishers Group has acquired U.K.-based United Independent Distributors. IPG CEO Joe Matthews called the deal a “game-changing acquisition,” and one that will make IPG one of the world’s largest book distributors for indie publishers.

HBG Completes Purchase of Workman
September 23, 2021 at 1:00 am

The Hachette Book Group has completed its $240 million acquisition of Workman Publishing. Workman will become HBG's eighth publishing group and will be led by Dan Reynolds, who had been its CEO.

Hachette Livre May Get New Owner
September 16, 2021 at 1:00 am

French conglomerate Vivendi appears headed to win control of Lagardère, owner of Hachette Livre. Vivendi already owns the French publisher Editis, and has been looking to increase its presence in book publishing.

Capstone Acquires Ed-Tech Tool Buncee
September 14, 2021 at 1:00 am

Capstone, publisher of children’s books and K-5 ed-tech content, has acquired Buncee, a digital creation, collaboration, and communication tool for students and educators.