The University of Georgia Press announced its acquisition of NewSouth Books, founded in 2000 and based in Montgomery, Alabama, with a catalog of over 400 titles. Publisher Suzanne La Rosa will join UGA Press on July 1 and continue to publish 8-12 new titles annually under the NewSouth imprint. Editor-in-chief Randall Williams will continue to […]
M&A
CCC Acquires Ringgold
The Copyright Clearance Center has acquired Ringgold, which provides persistent identifiers (PIDs)–metadata that is unique to a person, organization, article, etc, particularly used in scholarly communications. The terms of the deal were not announced. “Globally unique PIDs are essential for creating connections between articles, researchers, institutions, and funders,” CCC president and ceo Tracey Armstrong said. […]
M&A: Sterling Acquires Knock Knock
Sterling Publishing has acquired gift company Knock Knock, which includes the brand Em & Friends. Knock Knock will be overseen by Union Square & Co. publisher and cco Emily Meehan, “with the operations and distribution of Knock Knock titles remaining business as usual,” according to a release. Knock Knock founder and ceo Jen Bilik and […]
Sourcebooks Acquires Duopress
Sourcebooks has acquired Duopress, a “a minority-owned independent publisher of innovative, high-quality, and affordable books and gifts.” The Duopress list includes “board books, regional board books, counting books, and doodle books,” as well as nonfiction middle-grade titles and more. Duopress founder Mauricio Velázquez de León said, “I’ve always admired the energy and publishing IQ of […]
Apollo Has Been Trying to Acquire Pearson
Private equity company Apollo Global Management has tried twice to purchase educational publisher Pearson since last November. Pearson declined an 800 pence per share in November and another offer of 854.2 pence per share on March 7, finding that Apollo “significantly undervalued the Company and its future prospects.” On Friday, following online rumors, Apollo said […]
M&A: Sterling Acquires Boxer Books
Sterling Publishing completed a deal to acquire London-based children’s book publisher Boxer Books. The acquisition includes all of Boxer’s backlist and frontlist titles. The imprint will keep its name under Union Square & Co., which previously distributed Boxer Books in the US. Boxer publisher David Bennett will continue to manage the imprint, reporting to Union […]