M&A Deal Summary

Barnes & Noble Acquires Paper Source

On May 11, 2021, Barnes & Noble acquired retailer Paper Source

Acquisition Highlights
  • This is Barnes & Noble’s 5th transaction in the Retail sector.
  • This is Barnes & Noble’s 8th transaction in the United States.
  • This is Barnes & Noble’s 1st transaction in Illinois.

M&A Deal Summary

Date 2021-05-11
Target Paper Source
Sector Retail
Buyer(s) Barnes & Noble
Deal Type Special Situations/Distressed

Target

Paper Source

Chicago, Illinois, United States
Paper Source is lifestyle brand retailer that offers a curated selection of fine papers, gifts, crafts, party supplies, wrap, greeting cards and an exclusive collection of envelopes and cards. Paper Source was founded in 1983 and is based in Chicago, Illinois.

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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 8 of 9
Sector: Retail M&A 5 of 6
Type: Special Situations/Distressed M&A Deals 2 of 3
State: Illinois M&A 1 of 1
Country: United States M&A 8 of 9
Year: 2021 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-08-03 BNED

Basking Ridge, New Jersey, United States

BNED is a retailer of educational content and tools to enhances the academic and social purpose of educational institutions. Barnes & Noble Education was incorporated in 1965 and is based in Basking Ridge, New Jersey.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-07-31 Tattered Cover

Denver, Colorado, United States

Tattered Cover is an independent bookstore that offers personal service, a large, well-curated selection of new and used books, an extensive newsstand, and beautifully selected gifts. Tattered Cover was formed in 1971 and is based in Denver, Colorado.

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