M&A Deal Summary

Infobase Learning Acquires World Almanac

On September 1, 2009, Infobase Learning acquired publishing company World Almanac from The Reader s Digest Association

Acquisition Highlights
  • This is Infobase Learning’s 2nd transaction in the Publishing sector.
  • This is Infobase Learning’s 4th transaction in the United States.
  • This is Infobase Learning’s 2nd transaction in New York.

M&A Deal Summary
Date 2009-09-01
Target World Almanac
Sector Publishing
Buyer(s) Infobase Learning
Sellers(s) The Reader s Digest Association
Deal Type Divestiture

Target

World Almanac

New York, United States
The World Almanac is a reference book. Most notably, The World Almanac and Book of Facts is a best-selling American reference book with more than 80 million copies sold.

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Buyer(S) 1

Buyer

Infobase Learning

New York, New York, United States
Category Company
Founded 1940
Sector Internet Software and Services
DESCRIPTION

Infobase Learning is a cloud-based subscription provider of digital educational content solutions to colleges and universities, K-12 schools, public libraries and enterprises. Product formats include books, eBooks, online databases, eLearning Modules, videos, and digital products under such well-known names as Facts On File, Films for the Humanities & Sciences, Cambridge Educational, Chelsea House, Bloom's Literary Criticism, World Almanac, and Ferguson Publishing. With thousands of titles and numerous award winners, Infobase provides students, librarians, and educators with authoritative, reliable resources supporting the curriculum across a wide variety of subject areas˜from history, science, and literature to careers, health, and social issues.

DEAL STATS #
Overall 4 of 4
Sector (Publishing) 2 of 2
Type (Divestiture) 2 of 2
State (New York) 2 of 2
Country (United States) 4 of 4
Year (2009) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-09-25 Vault.com

New York, New York, United States

Vault.com is a media company focused on careers. Vault offers online and print books, from the best-selling Vault Guide to the Top 100 Law Firms to the Vault Guide to Schmoozing. Vault.com was formed in 1996 and is headquartered in New York City.

Buy -

Seller(S) 1

SELLER

The Reader s Digest Association

White Plains, New York, United States
Category Company
Founded 1922
Sector Publishing
Employees4,700
Revenue 2.4B USD (2006)
DESCRIPTION

Reader's Digest creates and delivers products and content for books, magazines, recorded music collections, DVD and video, and websites. The company sells its products in more than 70 countries and its magazines reach well over 100 million readers globally.

DEAL STATS #
Overall 2 of 7
Sector (Publishing) 2 of 4
Type (Divestiture) 2 of 5
State (New York) 1 of 1
Country (United States) 2 of 6
Year (2009) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2008-11-14 Books are Fun

Louisville, Colorado, United States

Books are Fun sells books and other products through a network of retailers including hospitals, independent retailers, and schools. The Company was formed in 1991.

Sell $18M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-02-01 CompassLearning

Austin, Texas, United States

CompassLearning is an educational software company that provides comprehensive supplemental curriculum software to educators and students in grades K-12. Compass’ suite of software and services provides multiple curriculum products across key subjects by grade level. CompassLearning was founded in 1969 and is based in Austin, Texas.

Sell -
Mergr

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