Founder of private equity firm Apollo Leon D. Black has acquired Phaidon Press from Richard Schlagman. Black explains in the announcement, “We have greatly admired Phaidon and the important contribution the company has made to art and culture. My family and I look forward to supporting the future growth of the company, including through the ongoing development of its publishing program, further geographic expansion, and the launch of digital products.” Schlagman says in the announcement, “The profile of the ideal buyer in my mind was exceeded in reality by Leon Black and his family. Self-evidently possessed of immense business acumen, […]
