M&A Deal Summary

Barnes & Noble Acquires Fictionwise

On March 5, 2009, Barnes & Noble acquired internet software and services company Fictionwise for 16M USD

Acquisition Highlights
  • This is Barnes & Noble’s 2nd transaction in the Internet Software and Services sector.
  • This is Barnes & Noble’s largest (disclosed) transaction.
  • This is Barnes & Noble’s 6th transaction in the United States.
  • This is Barnes & Noble’s 1st transaction in New Jersey.

M&A Deal Summary

Date 2009-03-05
Target Fictionwise
Sector Internet Software and Services
Buyer(s) Barnes & Noble
Deal Type Add-on Acquisition
Deal Value 16M USD
Advisor(s) Cherry Tree Companies LLC (Financial)

Target

Fictionwise

Chatham, New Jersey, United States
Fictionwise LLC, a online retailer of electronic books.

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Buyer(S) 1

Buyer

Barnes & Noble

New York, New York, United States

Category Company
Founded 1986
Sector Retail
Employees7,038
Revenue 3.6B USD (2019)
DESCRIPTION

Barnes & Noble is a bookseller and operates through retail stores and online. The Company’s principal business is the sale of trade books (generally hardcover and paperback titles), mass market paperbacks (such as mystery, romance, science fiction and other popular fiction), children’s books, eBooks and other digital content, NOOK and related accessories, bargain books, magazines, gifts, café products and services, educational toys & games, music and movies direct to customers through its bookstores or on www.barnesandnoble.com. Barnes & Noble was formed in 1986 and is based in New York City.


DEAL STATS #
Overall 6 of 9
Sector (Internet Software and Services) 2 of 2
Type (Add-on Acquisition) 5 of 5
State (New Jersey) 1 of 1
Country (United States) 6 of 9
Year (2009) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-12-13 Sterling Publishing

New York, New York, United States

Sterling Publishing Co., Inc., is an innovative and forward-thinking publishing company committed to creating books that inspire and entertain. Sterling is a specialist in how-to and crafts books.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-10-14 Borders Group

Ann Arbor, Michigan, United States

Borders Group, Inc. is a national chain of bookstores.

Buy -