PE Firm Acquires Majority Stake in Industry Dive

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 ]
News tagged with: #marketing services #total audience

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Canongate acquires non-fiction from Grenville

Canongate has signed a new work of non-fiction from Man Booker Prize-shortlisted and Orange Prize-winning author Kate Grenville. Editorial director of fiction Louisa Joyner signed UK rights in One Life from Michael Heyward at Text Publishing. The book tells the story of Grenville's mother... Continue reading at The Bookseller

[ The Bookseller | 2015-03-14 00:00:00 UTC ]
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Hachette, Pan Mac, Foyles lead Bookseller Industry Awards chase

A near-record haul from Hachette UK, an impressive total for Pan Macmillan and a history-making all-female Manager of the Year category are some of the highlights in this year's Bookseller Industry Awards (BIA) shortlists. Continue reading at The Bookseller

[ The Bookseller | 2015-03-14 00:00:00 UTC ]
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Orion acquires two from Fenwick

Orion has acquired two new novels by Liz Fenwick for a “good five-figure advance”. Orion Fiction publishing director Kate Mills bought UK and Commonwealth rights to The Returning Tide and another, as-yet-untitled, novel from Carole Blake at Blake Friedmann. Continue reading at The Bookseller

[ The Bookseller | 2015-03-13 00:00:00 UTC ]
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MIA Connections Makes A Huge Impact In The Travel Industry

[Sponsored Content] Miami International Airport and HCP/Aboard Publishing takes a cutting-edge approach to engaging travelers while they are en route. The post MIA Connections Makes A Huge Impact In The Travel Industry appeared first on Folio:. Continue reading at Folio Magazine

[ Folio Magazine | 2015-03-12 00:00:00 UTC ]
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Major revamp for Goldsboro website

Goldsboro Books has launched a £15,000 new website  which puts it "up there” at the forefront of online bookselling. Continue reading at The Bookseller

[ The Bookseller | 2015-03-12 00:00:00 UTC ]
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Industry Sales Rose 4.9% in 2014

Total revenue for the 1,209 publishers who submit figures to the AAP’s StatShot program rose 4.9% in 2014. The increase was led by the children’s/young adult segment, while sales of adult books fell. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-03-11 00:00:00 UTC ]
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Sphere acquires crime from Hardie

Sphere has acquired two novels by debut author Mark Hardie, who began writing full-time after losing his eyesight in 2002. Jade Chandler, senior editor for Sphere Fiction, acquired UK and Commonwealth rights to Burned and Broken and its sequel from Juliet Mahony and Sarah Lutyens at Lutyens... Continue reading at The Bookseller

[ The Bookseller | 2015-03-11 00:00:00 UTC ]
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Virago acquires Mackay memoir and backlist

Virago has acquired a memoir by Shena Mackay, plus the writer’s entire backlist. Publisher Lennie Goodings bought world rights to the books from David Miller at Rogers, Coleridge and White. Mackay published her first book, written when she was a teenager, at the age of 20 and has since written... Continue reading at The Bookseller

[ The Bookseller | 2015-03-11 00:00:00 UTC ]
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Tinder Press acquires Bishop début

Tinder Press has acquired a UK début by Australian author Stephanie Bishop. Publisher Mary-Anne Harrington bought British Commonwealth rights, excluding Australia New Zealand, to The Other Side of the World from Airlie Lawson at Hachette Australia.  The novel tells the story of a fractured... Continue reading at The Bookseller

[ The Bookseller | 2015-03-07 00:00:00 UTC ]
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HC Children’s acquires Derek Landy trilogy

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[ The Bookseller | 2015-03-05 00:00:00 UTC ]
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Creative industry traineeships in Scotland

Creative Scotland is providing £100,000 funding to support 10 full-time, year-long traineeships across the creative industries. The programme aims to support the employment prospects for people aged 20-30 who are interested in developing a career in the arts and culture industries. It will... Continue reading at The Bookseller

[ The Bookseller | 2015-03-04 00:00:00 UTC ]
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Granta acquires two from Steavenson

Granta Books has signed two books from New Yorker writer Wendell Steavenson. Laura Barber signed rights from Anna Webber at United Agents, on behalf of Bill Clegg at the Clegg Agency, following an auction. The two books are Three Days in Paris, an on-the-ground account of the Charlie Hebdo... Continue reading at The Bookseller

[ The Bookseller | 2015-03-03 00:00:00 UTC ]
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MCB acquires YA debut from Reuter Hapgood

Macmillan Children’s Books has acquired a YA romance from journalist Harriet Reuter Hapgood for a six-figure sum.   The Square Root of Summer is described as a YA contemporary with a twist, in which seventeen-year-old physics prodigy Gottie Oppenheimer navigates a summer of grief, trying to... Continue reading at The Bookseller

[ The Bookseller | 2015-02-28 00:00:00 UTC ]
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US publisher Lerner acquires Egmont USA’s list

Minneapolis-based Lerner Publishing Group has acquired nearly 100 Egmont USA titles, following Egmont’s decision to close its US office. Lerner said it has published Egmont’s remaining US assets, including books by Ilsa J Bick, Patrick Jennings, Jon and Pamela Voelkel, Lex Thomas and Len... Continue reading at The Bookseller

[ The Bookseller | 2015-02-27 00:00:00 UTC ]
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Pearson Earns £69M in 2014 from Penguin Random Stake

Pearson reported 2014 earnings of £69 million, after taxes, from its 47% stake in Penguin Random House. For the year Pearson reported total revenues of £4.8 billion and operating earnings of £720 million. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-02-27 00:00:00 UTC ]
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Redmayne: Far East tech players could 'disrupt' industry

HarperCollins c.e.o. Charlie Redmayne has told the Scottish Book Trade conference that Amazon's focus on driving up margins will be "a particular challenge for publishers this year", but that major Asian players such as AliBaba and TenCent could be on their way to disrupt "the great disruptor". Continue reading at The Bookseller

[ The Bookseller | 2015-02-25 00:00:00 UTC ]
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Lerner Acquires Egmont USA Titles

Under the deal, Lerner will fold the Egmont USA titles into different imprints including Carolrhoda Books, Carolrhoda Lab, Darby Creek, and Millbrook Press. Continue reading at Publishers Weekly

[ Publishers Weekly | 2015-02-25 00:00:00 UTC ]
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EBSCO acquires YBP

EBSCO Information Services has bought YBP Library Services. Ahead of a public announcement, EBSCO - headquartered in Ipswich, Massachussetts - revealed the buy to customers, saying: "This acquisition ensures YBP's continuing role as the primary book supplier to academic libraries in the years... Continue reading at The Bookseller

[ The Bookseller | 2015-02-21 00:00:00 UTC ]
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Blink acquires former boxing promoter Kellie Maloney's memoir

Blink Publishing has acquired world rights to the autobiography of former boxing promoter, Kellie Maloney. Clare Tillyer, acquisitions and rights director, acquired the book, titled Frankly Kellie, from Tim Bates at Pollinger Limited. Continue reading at The Bookseller

[ The Bookseller | 2015-02-13 00:00:00 UTC ]
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Little Tiger acquires debut picture books

Little Tiger Press has acquired two picture books from debut writers; Katie McGinty Wants a Pet and Pirates in Pyjamas by Caroline Crowe. Katie McGinty Wants a Pet is about a girl who wants an unusual pet and was written by Jenna Harrington, who works in the sales department at Little Tiger... Continue reading at The Bookseller

[ The Bookseller | 2015-02-12 00:00:00 UTC ]
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