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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In an open letter, more than 250 authors, agents, booksellers, and publishers urged publishers not to sign book deals with members of the Trump Administration or anyone "who incited, suborned, instigated, or otherwise supported the January 6, 2021, coup attempt." Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-01-15 05:00:00 UTC ]
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en titles from illustrator Robert Ingpen now form the basis of a new UK children's book publishing imprint, Welbeck Children's Classics. The post UK: Welbeck Acquires Australian Illustrator Robert Ingpen’s Backlist appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2021-01-14 17:48:52 UTC ]
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University of East Anglia publisher Boiler House Press is to publish Ben Pester’s debut short story collection Am I in the Right Place? Continue reading at The Bookseller
[ The Bookseller | 2021-01-13 04:00:35 UTC ]
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Scholastic UK has acquired Escape the Rooms, the "dazzling" children’s book debut from actor Stephen Mangan, illustrated by his sister Anita Mangan. Continue reading at The Bookseller
[ The Bookseller | 2021-01-13 03:30:19 UTC ]
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Cultural communications agency Midas has acquired literary agency The bks Agency. Continue reading at The Bookseller
[ The Bookseller | 2021-01-12 23:35:15 UTC ]
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In an open letter published on the company's website, PRH UK c.e.o. Tom Weldon has expressed confidence in the industry's prospects on entering a third lockdown, and revealed Penguin Random House UK is donating a further 15,000 more books to communities most affected by the coronavirus... Continue reading at The Bookseller
[ The Bookseller | 2021-01-12 10:23:48 UTC ]
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Daunt Books Publishing has acquired Ordinary Notes by Christina Sharpe, a work of creative non-fiction about memorial and remembrance. Continue reading at The Bookseller
[ The Bookseller | 2021-01-11 23:40:05 UTC ]
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Senior figures in the trade have said support for bookshops is a high priority in the coming year, while promising further steps to improve diversity across the industry. Continue reading at The Bookseller
[ The Bookseller | 2021-01-08 04:59:16 UTC ]
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Senior figures from across the publishing industry have shared their predictions for the year ahead with The Bookseller, with support for high-street retailers and further implementation of diversity practices cited as essential steps. Continue reading at The Bookseller
[ The Bookseller | 2021-01-07 21:52:12 UTC ]
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Bookouture has acquired four memoirs and its first true crime story for its new non-fiction imprint, Thread. Continue reading at The Bookseller
[ The Bookseller | 2021-01-05 19:04:16 UTC ]
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Chicago Review Press, a publishing subsidiary of the distributor IPG, has reached an agreement to acquire 126 select backlist titles, as well as a handful of forthcoming books, from Fulcrum Publishing. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-01-05 05:00:00 UTC ]
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A second-half rally helped to limit the decline of the Publishers Weekly Stock Index to 4% in 2020, as four of the seven companies on the PWSI managed to post an increase in their stock prices compared to the beginning of the year. Continue reading at Publishers Weekly
[ Publishers Weekly | 2021-01-05 05:00:00 UTC ]
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In a year dominated by a global pandemic and American politics, some might find it fitting that the library book most likely to be checked out across Ontario was a hopeful memoir written by the former first lady of the United States. Continue reading at CBC
[ CBC | 2020-12-31 09:00:00 UTC ]
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AT&T’s WarnerMedia has brought on a startup to help it get HBO Max into more places. The entertainment arm of the Dallas company has acquired Canada-based You.i TV, a provider of cross-platform development tools for television and media companies, according to a statement. Terms were not... Continue reading at Silicon Valley Business Journal
[ Silicon Valley Business Journal | 2020-12-23 22:03:09 UTC ]
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Short Books will publish a "trailblazing" book about glucose and its effects from biologist and entrepreneur Jessie Inchauspe, founder of the Glucose Goddess Instagram account. Continue reading at The Bookseller
[ The Bookseller | 2020-12-23 09:19:16 UTC ]
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Indie publisher Everything with Words has acquired a "beautifully written and compelling" children's series by Richard Lambert. Continue reading at The Bookseller
[ The Bookseller | 2020-12-22 20:33:51 UTC ]
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Del Rey, the SFF imprint of Cornerstone, has acquired A E Warren's four-book high-concept science fiction series, described as "Jurassic Park meets Sapiens, set within a bold new imaginative world". Continue reading at The Bookseller
[ The Bookseller | 2020-12-21 17:20:07 UTC ]
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Aria fiction editorial director Hannah Smith has acquired world English rights to two new books by romance author Mandy Baggot. Continue reading at The Bookseller
[ The Bookseller | 2020-12-21 04:24:16 UTC ]
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Dialogue Books has acquired A Working-Class Family Ages Badly: A Memoir of Love and Life Between Two Pandemics by Juno Roche. Continue reading at The Bookseller
[ The Bookseller | 2020-12-17 17:09:37 UTC ]
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Sceptre has acquired Tiepolo Blue, a satire set in the art world of 1990s London, at auction. The book, charting the fall from grace of an esteemed Cambridge professor, is the debut of James Cahill, a critic and academic at King’s College London. Continue reading at The Bookseller
[ The Bookseller | 2020-12-10 03:09:25 UTC ]
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