Independent Publishers Group (IPG) purchased distributor Midpoint Trade Books on August 17. Midpoint founder Eric Kampmann is serving in “a consulting and advising role and will assist in the transition,” with Alex Kampmann taking over daily management as vp, general manager, Midpoint. Eric Kampmann continues to own and operate Beaufort Books and Spencer Hill Press, which will still be distributed through Midpoint program. IPG ceo Joe Matthews said in the announcement, “Our industry is consolidating because distribution rewards scale, requires expensive technology and demands high-level access to customers. By bringing together these two established distributors, publishers will benefit greatly as IPG accelerates its investments […]
