M&A Deal Summary

HarperCollins Publishers Acquires HMH Books & Media

On March 29, 2021, HarperCollins Publishers acquired publishing company HMH Books & Media from HMH for 349M USD

Acquisition Highlights
  • This is HarperCollins Publishers’ 2nd transaction in the Publishing sector.
  • This is HarperCollins Publishers’ largest (disclosed) transaction.
  • This is HarperCollins Publishers’ 3rd transaction in the United States.
  • This is HarperCollins Publishers’ 2nd transaction in Massachusetts.

M&A Deal Summary
Date 2021-03-29
Target HMH Books & Media
Sector Publishing
Buyer(s) HarperCollins Publishers
Sellers(s) HMH
Deal Type Divestiture
Deal Value 349M USD
Advisor(s) Centerview Partners (Financial)
Wilmer Cutler Pickering Hale and Dorr
Milbank (Legal)

Target

HMH Books & Media

Boston, Massachusetts, United States
HMH Books & Media is a publisher of renowned novels, nonfiction, cookbooks, and children’s books. HMH publishes celebrated best-sellers such as the popular J.R.R. Tolkien titles, The Best American® series, major cookbook brands such as Instant Pot Miracle and the How to Cook Everything® series, as well as iconic children’s books and characters such as Curious George®, Little Blue Truck, and The Giver. HMH Books & Media is based in Boston, Massachusetts.

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Buyer(S) 1

Buyer

HarperCollins Publishers

New York, New York, United States
Category Company
Founded 1817
Sector Publishing
DESCRIPTION

HarperCollins Publishers is an English-language publishers. Headquartered in New York, HarperCollins has publishing groups around the world in the US, UK, Canada, Australia, New Zealand, and India. HarperCollins is a broad-based publisher with strengths in literary and commercial fiction, business books, children’s books, cookbooks, narrative nonfiction, mystery, romance, reference, pop culture, design, health, wellness, and religious and spiritual books.

DEAL STATS #
Overall 4 of 4
Sector (Publishing) 2 of 2
Type (Divestiture) 1 of 1
State (Massachusetts) 2 of 2
Country (United States) 3 of 3
Year (2021) 1 of 1
Size (of disclosed) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-22 20lines S.r.l.

Roncade, Italy

20lines S.r.l. is an online platform and community of writers and readers.

Buy -

Seller(S) 1

SELLER

HMH

Boston, Massachusetts, United States
Category Company
Founded 1832
Sector Education
Employees3,300
Revenue 1.0B USD (2020)
DESCRIPTION

HMH is a learning technology company committed to delivering connected solutions that engage learners, empower educators and improve student outcomes. As a leading provider of K–12 core curriculum, supplemental and intervention solutions, and professional learning services, HMH partners with educators and school districts to uncover solutions that unlock students' potential and extend teachers' capabilities. HMH serves more than 50 million students and four million educators in 150 countries. HMH was founded in 1832 and is based in Boston, Massachusetts.

DEAL STATS #
Overall 4 of 4
Sector (Publishing) 1 of 1
Type (Divestiture) 4 of 4
State (Massachusetts) 2 of 2
Country (United States) 4 of 4
Year (2021) 1 of 1
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-01-15 PV Waggle

Darien, Connecticut, United States

PV Waggle LLC is an adaptive learning solution. Waggle's web-based adaptive learning platform provides differentiated Math and ELA instruction for students in grades 2–8. PV Waggle LLC is based in Darien, Connecticut.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-01-10 NWEA

Portland, Oregon, United States

NWEA is a not-for-profit organization that supports students and educators in more than 146 countries through research, assessment solutions, policy and advocacy services, professional learning, and school improvement services that fight for equity, drive classroom impact and push for systemic change in its educational communities. NWEA is based in Portland, Oregon.

Buy -
Mergr

Product

Company

Legal