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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Ingram Content Group has reached a deal to sell its digital learning platform VitalSource to Francisco Partners. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-04-15 04:00:00 UTC ]
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HarperCollins has acquired a book by journalist Alix Sharkey exploring his experience growing up with a brother now imprisoned for the murder of teenager Danielle Jones. Continue reading at The Bookseller
[ The Bookseller | 2021-04-13 19:59:28 UTC ]
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Ingram Content Group seeds Binc's 'Survive to Thrive' bookstore grant program, with additional major support from publishers and Bookshop.org. The post US Book Industry Charitable Foundation Raises $1 Million for Bookstores appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-04-01 14:26:57 UTC ]
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HarperCollins parent News Corp's intended acquisition of HMH Books & Media raises, for some, new concern about consolidation. The post News Corp’s Plan To Acquire Houghton Mifflin’s Trade Division appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-03-31 15:40:39 UTC ]
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Lee and Andrew Child's The Sentinel (Corgi) has gripped the UK Official Top 50 number one spot for a second week running, selling 28,523 copies for its first full week on the shelves in paperback. Continue reading at The Bookseller
[ The Bookseller | 2021-03-30 17:58:49 UTC ]
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Only three months after the high-profile merger of Penguin Random House and Simon & Schuster, The New York Times reported earlier this morning that HarperCollins, one of publishing’s “Big Five,” will acquire Houghton Mifflin Harcourt Books and Media—Houghton Mifflin Harcourt’s trade... Continue reading at Literrary Hub
[ Literrary Hub | 2021-03-29 14:25:08 UTC ]
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The second largest trade publisher in the U.S. will buy Houghton Mifflin Harcourt Books & Media, generally considered the sixth largest, for $349 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-03-29 04:00:00 UTC ]
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Writers and translators are debating how important it is for a translator’s identity to echo that of the author. Continue reading at The Washington Post
[ The Washington Post | 2021-03-25 12:00:00 UTC ]
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Bonnier Books UK's new digital-first imprint Embla Books has bought Laura Starkey's debut, Rachel Ryan’s Resolutions, as its first acquisition. Continue reading at The Bookseller
[ The Bookseller | 2021-03-22 11:15:26 UTC ]
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Atlantis Press, a French publisher of conference proceedings, is bought by Germany's Springer Nature, which adds to its portfolio a platform that sees 1.5 million downloads monthly. The post Springer Nature Acquires Paris’ Open Access Atlantis Press appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-03-11 19:04:34 UTC ]
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Hachette Children's has acquired world rights to a new series from British Chinese author M Chan. The Tiger Warrior series is billed as a "thrilling" action-adventure series for children aged five to seven, steeped in East Asian folklore and mythology. Continue reading at The Bookseller
[ The Bookseller | 2021-03-03 13:52:03 UTC ]
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The reopening of bookshops and potential return of live events in the summer will be a “huge landmark” for the industry, leading figures say, as they weigh up the implications of the government's roadmap out of lockdown. Continue reading at The Bookseller
[ The Bookseller | 2021-03-01 16:16:51 UTC ]
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Saga Spain representatives say the Cuántica Activa Audiolibros catalogue's focus on self-help is a good fit for its emerging Spanish markets. The post Denmark’s Saga Egmont Acquires Mexico’s Cuántica Activa Audiolibros appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-02-25 16:24:32 UTC ]
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Tinder Press, Headline's literary imprint, has acquired Small Angels by Lauren Owen, author of The Quick (Vintage, 2014). Continue reading at The Bookseller
[ The Bookseller | 2021-02-25 00:05:34 UTC ]
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Black & White will publish the first book from "Great British Bake Off" 2020 winner Peter Sawkins. Continue reading at The Bookseller
[ The Bookseller | 2021-02-25 00:03:12 UTC ]
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Chicago-based Centro Inc., a maker of advertising software, is acquiring a San Mateo-based predictive advertising technology company. Centro announced Wednesday that it is acquiring QuanticMind Inc. Its software uses artificial intelligence and machine learning to analyze data and provide... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2021-02-24 22:49:15 UTC ]
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Surprisingly, despite the heavy toll taken by the COVID-19 pandemic on brick and mortar bookstores (especially independent brick and mortar bookstores) nationwide, US book sales actually increased by 8 percent in 2020. What demographic is responsible for keeping the industry alive and thriving... Continue reading at Literrary Hub
[ Literrary Hub | 2021-02-23 19:04:39 UTC ]
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‘Gentle, honest’ book, written by Anna Friend in response to her seven-year-old son’s worries, wins five-figure deal with ScholasticA self-published children’s picture book that was written to help the author’s son deal with being kept home from school during lockdown has been snapped up by a... Continue reading at The Guardian
[ The Guardian | 2021-02-20 07:00:25 UTC ]
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Google's News Corp deal may pacify Australian lawmakers, but publishing industry members worry about repercussions for smaller publishers. The post ‘I’m afraid of repercussions’: Publishing industry members question Google’s motives in paying off News Corp appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2021-02-18 05:01:00 UTC ]
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Google's News Corp deal may pacify Australian lawmakers, but publishing industry members worry about repercussions for smaller publishers. The post ‘I’m afraid of repercussions’: Publishing industry members question Google’s motives in paying off News Corp appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2021-02-18 05:01:00 UTC ]
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