Walker Books Group, whose divisions include Candlewick Press in the US, has been sold to China-based Trustbridge Global Media (a unit of private equity firm Trustbridge Partners). Walker had been the largest employee- and creator-owned publishing company. (The ownership had included more than 75 employees, and over 150 authors and illustrators.) In recent years, Trustbridge acquired Peachtree Publishers in Atlanta (2018) and Holiday House (2016), and they partnered with Chronicle Books for the Chronicle Bridge imprint in China (and France’s Bayard for a Bayard Bridge imprint). The deal closed on or about May 7 according to a UK Companies House […]
