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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I have to start by admitting that when I began writing this letter last week, I was boiling mad and ready to take everyone on. Now, in its tenth or twentieth draft (I don’t know which) I’m still boiling mad, but most of your gaslighting social media posts that sent me over the edge have gone, so... Continue reading at The Bookseller
[ The Bookseller | 2020-06-10 12:34:21 UTC ]
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Independent academic publisher Intellect has acquired fellow indie HammerOn Press. Continue reading at The Bookseller
[ The Bookseller | 2020-06-09 18:42:42 UTC ]
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Serpent's Tail has acquired former "Great British Bake Off" contestant Ruby Tandoh’s new cookbook, Cook as You Are: Recipes for Real Life, Hungry Cooks and Messy Kitchens. Continue reading at The Bookseller
[ The Bookseller | 2020-06-09 15:36:40 UTC ]
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In response to Monday's Day of Solidarity, which saw more than 1,100 publishing workers demanding that the industry take action to diversity its workforce and to publish more black authors, three of the Big Five publishers issued statements pledging to do just that. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-06-09 04:00:00 UTC ]
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Welbeck Publishing Group has bought the assets to wellness publisher Eddison Books. Continue reading at The Bookseller
[ The Bookseller | 2020-06-08 23:26:18 UTC ]
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Simon Sinek stresses the importance of every business finding its “WHY”. But it’s not often that an entire industry can develop a whole new “why” - an articulation of the social good generated by its products. That’s the position I believe the book industry is in. We’re at a pivotal moment, and... Continue reading at The Bookseller
[ The Bookseller | 2020-06-08 13:07:01 UTC ]
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Pushkin Press is to publish When We Cease to Understand the World by Chilean author Benjamín Labatut, translated by Adrian Nathan West. Continue reading at The Bookseller
[ The Bookseller | 2020-06-05 03:43:53 UTC ]
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As the sounds of helicopters and the chants of protesters rang in the distance, I couldn’t help but think about how I can make an impact. I was shocked—and frankly saddened—to see very little acknowledgement of the Black Lives Matter movement in the event industry, and even fewer actionable... Continue reading at Folio Magazine
[ Folio Magazine | 2020-06-04 20:29:21 UTC ]
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Puffin has acquired The Bear in the Stars by debut author and print-maker Alexis Snell. Continue reading at The Bookseller
[ The Bookseller | 2020-06-04 13:19:07 UTC ]
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Asking consumers to remember what booksellers mean to them, Spain's publishing industry associations roll out a campaign to reopen book retailers. The post Coronavirus Response: Spain’s Publishing Industry Mobilizes Bookstore Support appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2020-06-04 13:07:04 UTC ]
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Faber is to publish The Cummings Files: Confidential–Thoughts, Ideas, Actions by Dominic Cummings, written by Arthur Mathews. Continue reading at The Bookseller
[ The Bookseller | 2020-06-04 11:59:15 UTC ]
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Little A, an imprint of Amazon Publishing, will publish Matt Greene's memoir, Jew(ish): A Plea. Continue reading at The Bookseller
[ The Bookseller | 2020-06-04 01:10:30 UTC ]
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It’s early 2012 and a young boy is walking home when he is fatally shot in the back by a neighbourhood watch officer. The officer claims the boy – only seventeen at the time – was reaching for a gun. All the boy had on him was a packet of Skittles and a can of Arizona iced tea. Now it’s the... Continue reading at The Bookseller
[ The Bookseller | 2020-06-02 22:33:58 UTC ]
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Usborne will publish A Glasshouse of Stars, a middle-grade novel by Chinese-Australian author Shirley Marr. Continue reading at The Bookseller
[ The Bookseller | 2020-06-02 22:22:27 UTC ]
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International Literary Properties has acquired 12 literary estates from Peters, Fraser + Dunlop, including those of Evelyn Waugh and Georges Simenon, in an eight-figure deal. Continue reading at The Bookseller
[ The Bookseller | 2020-06-02 04:26:41 UTC ]
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International Literary Properties, an estate management firm formed late last year with headquarters in London and New York, has acquired 12 literary estates, including those of Evelyn Waugh and Georges Simenon. Continue reading at Publishers Weekly
[ Publishers Weekly | 2020-06-02 04:00:00 UTC ]
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Transworld has bought UK and Commonwealth rights for memoir The Bright Field by Margaret Reynolds, professor of English at Queen Mary, University of London. Continue reading at The Bookseller
[ The Bookseller | 2020-06-01 08:56:53 UTC ]
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Hodder and Stoughton is to publish Mike Dickson's biography of England cricketer Bob Willis. Continue reading at The Bookseller
[ The Bookseller | 2020-05-31 23:08:01 UTC ]
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Coronet has acquired UK and Commonwealth rights to Adult Virgins Anonymous, a novel about two 20-something virgins who meet at a support group, by YA writer Nicole Burstein, writing under the pseudonym Amber Crewe. Continue reading at The Bookseller
[ The Bookseller | 2020-05-29 09:42:46 UTC ]
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Last August, I wrote about the Book Industry Charitable Foundation, or “Binc,” a Michigan-based non-profit created to support booksellers who have fallen on hard times. If a bookseller winds up in the hospital or a bookstore has a flood, Binc can step in and pay their bills, no questions asked... Continue reading at Literrary Hub
[ Literrary Hub | 2020-05-29 08:48:18 UTC ]
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