In a structure reminiscent of the Penguin Random House merger, two science and education giants are coming together in a cashless merger: Holtzbrinck’s Macmillan Science and Education (comprising Nature, Palgrave Macmillan and Macmillan Education globally but not in the US) is combining with Springer Science+Business Media (owned by funds advised by BCP), in “a strategic transaction…aimed at securing the long-term growth of both businesses.” Holtzbrinck will hold a 53 percent stake in the combined entity, with the management board comprising Derk Haank (ceo), Annette Thomas (chief scientific officer), Martin Mos (coo) and Ulrich Vest (coo). The supervisory board features three people from Holtzbrinck and […]