Charlotte, N.C.-based private equity firm Falfurrias Capital Partners has acquired a majority stake in Industry Dive, the seven-year-old B2B media company whose online verticals span 19 different sectors including banking, construction, retail and supply chain. Contacted via email, Industry Dive co-founder and CEO Sean Griffey said neither side is sharing the financial terms of the transaction, but that the company plans to use the influx of funding to expand into additional markets, both through new launches and acquisitions, and to invest in its journalism. With revenues have more than quadrupled since 2015 to $22 million as of last year, the company hired eight additional editors and reporters a month ago when it launched its 19th vertical, CFO Dive, bringing the total newsroom headcount to 72. "We were attracted to Falfurrias because they shared our vision for the future," Griffey tells Folio:. "From the very first meeting, they highlighted their belief in the importance of high-quality, independent journalism to grow media companies. That resonated with the team here. We've had opportunities in the past but never felt that we had a partner who so closely aligned with our vision and values before." As a result of the deal, Falfurrias will gain two seats on Industry Dive's board of directors, but the company will continue to be led by Griffey and his two co-founders, CTO Eli Dickinson and CRO Ryan Willumson. Industry Dive isn't sharing which markets, specifically, it... Continue reading at 'Folio Magazine'
[ Folio Magazine | 2019-09-05 16:26:03 UTC ]
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Penguin parent company Pearson has sold its 50% stake in FTSE International to the London... Continue reading at The Bookseller
[ The Bookseller | 2011-12-12 00:00:00 UTC ]
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Pearson, the publisher of the Financial Times, is to sell its 50% stake in FTSE International to the London Stock Exchange for £450m, as it looks to focus on business news and analysis, and away from data. Continue reading at Media Week
[ Media Week | 2011-12-12 00:00:00 UTC ]
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Google Inc.'s YouTube said it acquired RightsFlow Inc., a small company that tracks and processes royalty payments to songwriters and music publishers. Continue reading at AllThingsD
[ AllThingsD | 2011-12-10 00:00:00 UTC ]
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#music publishers
The five publishers being investigated over ebook pricing could face fines of many millions of... Continue reading at The Bookseller
[ The Bookseller | 2011-12-09 00:00:00 UTC ]
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#ebook pricing
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Orion has acquired digital publishing rights to the entire backlist of thriller writer Geoffrey... Continue reading at The Bookseller
[ The Bookseller | 2011-12-08 00:00:00 UTC ]
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#entire backlist
B-to-b content syndication network NetLine Corporation acquires content monetization firm 123LinkIt.com. Continue reading at Folio Magazine
[ Folio Magazine | 2011-12-08 00:00:00 UTC ]
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Ebury has acquired a book for creative cake makers, The Cake Decorating Bible by Juliet Sear, who... Continue reading at The Bookseller
[ The Bookseller | 2011-12-08 00:00:00 UTC ]
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Two Roads has acquired a historical debut novel, The Stockholm Octavo, set in 18th century Sweden... Continue reading at The Bookseller
[ The Bookseller | 2011-12-06 00:00:00 UTC ]
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#historical debut
San Francisco, California-based CompareNetworks, which operates online b-to-b marketplaces for the scientific and healthcare industries, has acquired Indianapolis, Indiana-based Russell Publishing, LLC, publisher of titles American Pharmaceutical Review, Pharmaceutical Outsourcing and... Continue reading at Folio Magazine
[ Folio Magazine | 2011-12-01 00:00:00 UTC ]
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Pan Macmillan has bought a novel following five couples in an antenatal class ahead of the births... Continue reading at The Bookseller
[ The Bookseller | 2011-11-30 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Wed, 23/11/2011 - 08:05 Faber has acquired a title by debut author Eugen Ruge, winner of this year's German Book Prize. Editor Sarah Savitt bought UK and Commonwealth rights to the title, In Times of Fading Light, from Katie Dublinski at... Continue reading at The Bookseller
[ The Bookseller | 2011-11-23 00:00:00 UTC ]
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Written By: Bookseller Staff Publication Date: Wed, 09/11/2011 - 09:15 Australias publishers have moved to compromise in the battle to protect their industry from parallel importing. According to a report from Inside Retail, the Book Industry Strategy Group (BISG) has made a recommendation to... Continue reading at The Bookseller
[ The Bookseller | 2011-11-09 00:00:00 UTC ]
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Japanese e-commerce company Rakuten said on Tuesday that it plans to acquire Canadian ebook and e-reader company Kobo in a bid to expand in the area of media... Continue reading at PC World
[ PC World | 2011-11-09 00:00:00 UTC ]
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Written By: Tom Holman Publication Date: Tue, 08/11/2011 - 15:57 The books industry is not doing enough to attract and train staff to take advantage of the surge in ebook sales, this years Digital Book Census survey from The Bookseller has found. The survey of more than 2,200 people, nearly... Continue reading at The Bookseller
[ The Bookseller | 2011-11-08 00:00:00 UTC ]
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Publication Date: Thu, 03/11/2011 - 15:00 Oneworld has acquired the third novel by The Book of Night Women author, Marlon James. Publisher Juliet Mabey acquired UK and Commonwealth rights in a strong five-figure pre-empt from agent Claire Roberts at Trident Media Group. Lined up for... Continue reading at The Bookseller
[ The Bookseller | 2011-11-03 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Tue, 01/11/2011 - 09:30 Harvill Secker has acquired a Swedish crime trilogy by television scriptwriter Alexander Soderberg. Publishing director Liz Foley bought UK and Commonwealth rights, excluding Canada, in the series, The Andalucian Friend,... Continue reading at The Bookseller
[ The Bookseller | 2011-11-01 00:00:00 UTC ]
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Written By: Graeme Neill Publication Date: Tue, 01/11/2011 - 09:35 HarperCollins has bought US religious publisher Thomas Nelson for an undisclosed sum. The deal is expected to go through by the end of the year. Thomas Nelson currently publishes the US bestseller Heaven is for Real. read more Continue reading at The Bookseller
[ The Bookseller | 2011-11-01 00:00:00 UTC ]
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Written By: Katie Allen Publication Date: Thu, 27/10/2011 - 14:15 Solaris Books has acquired the sequel to Helix by sci fi author Eric Brown. Editor-in-chief Jon Oliver acquired UK and US rights in Helix Wars in a deal with agent John Jarrold. The title will be delivered in spring 2012 with... Continue reading at The Bookseller
[ The Bookseller | 2011-10-27 00:00:00 UTC ]
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Written By: Charlotte Williams Publication Date: Tue, 18/10/2011 - 07:00 Saltyard Books has bought two books about Prashad, the Indian restaurant run by the Patel family in Bradford which narrowly missed out on Gordon Ramsey's Britain's Best Restaurant award. Saltyard Books publisher Elizabeth... Continue reading at The Bookseller
[ The Bookseller | 2011-10-18 00:00:00 UTC ]
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#annabel merullo