M&A Deal Summary

New Mountain Learning Acquires CFM Religion Publishing Group

On November 7, 2012, New Mountain Learning acquired publishing company CFM Religion Publishing Group from Wicks Group

Acquisition Highlights
  • This is New Mountain Learning’s 2nd transaction in the Publishing sector.
  • This is New Mountain Learning’s 2nd transaction in the United States.
  • This is New Mountain Learning’s 1st transaction in Ohio.

M&A Deal Summary

Date 2012-11-07
Target CFM Religion Publishing Group
Sector Publishing
Buyer(s) New Mountain Learning
Sellers(s) Wicks Group
Deal Type Add-on Acquisition

Target

CFM Religion Publishing Group

Cincinnati, Ohio, United States
CFM Religion Publishing Group LLC is a provider of book and magazine publishing services.

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Buyer(S) 1

Buyer

New Mountain Learning

Saint Paul, Minnesota, United States

Category Company
Founded 2012
Sector Education
DESCRIPTION

New Mountain Learning LLC is a provider of blended learning solutions to K-12 and higher education institutions across North America. With a 60+ year history, New Mountain's EMC brand develops and distributes its market-leading digital literacy platform, Passport, directly to its K-12 school district customers.


DEAL STATS #
Overall 2 of 2
Sector (Publishing) 2 of 2
Type (Add-on Acquisition) 2 of 2
State (Ohio) 1 of 1
Country (United States) 2 of 2
Year (2012) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-07 Wicks Educational Publishing

Saint Paul, Minnesota, United States

Wicks Educational Publishing LLC is an independent publisher of print and electronic educational materials for the high school and post secondary school markets. Subjects include world languages, literature and language arts in its high school division, and business education, computer science, and allied health in its post secondary division.

Buy -

Seller(S) 1

SELLER

Wicks Group

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1989
PE ASSETS 1.2B USD
Size Large
Type Sector Agnostic
DESCRIPTION

The Wicks Group is a private equity firm focused on selected segments of the communications, information and media industries. Wicks targets privately held or non-core divisions of large corporations with high-margins, limited competitive environment, and strong cash flow potential. Specific areas of interest include special interest publishing (trade magazines, workplace training, reference publishing, consumer magazines), business information services, (market information, specialized databases, consumer research), television broadcasting, radio broadcasting, newspapers, cable television, and outdoor advertising. The Wicks Group was formed in 1989 and is based in New York City.


DEAL STATS #
Overall 10 of 26
Sector (Publishing) 5 of 6
Type (Add-on Acquisition) 5 of 13
State (Ohio) 1 of 2
Country (United States) 10 of 26
Year (2012) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-07 Wicks Educational Publishing

Saint Paul, Minnesota, United States

Wicks Educational Publishing LLC is an independent publisher of print and electronic educational materials for the high school and post secondary school markets. Subjects include world languages, literature and language arts in its high school division, and business education, computer science, and allied health in its post secondary division.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-11-09 Southern Technical College

Orlando, Florida, United States

Southern Technical College is a for-profit vocational college with six campuses located in central Florida. Southern Technical College provides education and training in a variety of medical and technical areas that enable graduates to obtain entry-level employment. Southern Technical College was founded in 2000 and is based in Orlando, Florida.

Buy -