Divestiture • Publishing

S&P Global Acquires Frank Schaffer Publications

On May 17, 2001, S&P Global acquired publishing company Frank Schaffer Publications from Torstar

Acquisition Context
  • This is S&P Global’s 3rd transaction in the Publishing sector.
  • This is S&P Global’s 4th transaction in the United States.

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M&A Deal Summary

Date May 17, 2001
Target Frank Schaffer Publications
Sector Publishing
Buyer(s) S&P Global
Sellers(s) Torstar
Deal Type Divestiture

Target Company

Frank Schaffer Publications

United States
Frank Schaffer Publications, is a publisher of supplementary educational materials for pre-K through grade 8.
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Buyer Overview 1

Buyer

S&P Global

New York, New York, United States

Category Company
Founded 1860
Sector Information Services
Employees40,450
Revenue 14.2B USD (2024)
DESCRIPTION

S&P Global is a financial intelligence company providing the global capital and commodity markets with independent benchmarks, credit ratings, portfolio and enterprise risk solutions, and analytics. The company's brands include Standard & Poor's Ratings Services, S&P Capital IQ, S&P Dow Jones Indices, Platts, CRISIL, J.D. Power and McGraw Hill Construction. S&P Global was founded in 1860 and is based in New York City.


Deal Context for Buyer #
Overall 4 of 22
Sector: Publishing 3 of 3
Type: Divestiture 2 of 3
Country: United States 4 of 16
Year: 2001 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-01-03 Mayfield Publishing Co.

Mountain View, California, United States

Mayfield Publishing Co., a college publisher that is a provider in humanities and social science disciplines.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-04-01 Vista Research

New York, New York, United States

Vista Research, Inc. is a pioneer in the expert network field supporting institutional money managers, corporations and legal and consulting firms. Vista Research provides its clients with an efficient and unique opportunity to gain direct insight into a particular company or industry by connecting its clients with members of the Society of Industry providers, a global network of experts and prominent industry professionals.

Buy -

Seller Profile 1

SELLER

Torstar

Toronto, Ontario, Canada

Category Company
Founded 1892
Sector Publishing
Revenue 543M CAD (2018)
DESCRIPTION

Torstar Corp. is a broadly-based media company that publishes a daily newspaper, six regional daily newspapers in Ontario including The Hamilton Spectator, and more than 70 weekly community newspapers in Ontario; flyer distribution services: and digital properties including thestar.com (with local editions in Toronto, Vancouver, Calgary, Edmonton, Winnipeg, Ottawa, and Halifax), wheels.ca, toronto.com, save.ca, a number of regional online sites and eyeReturn Marketing. Torstar Corp. was established in 1892 and is headquartered in Toronto, Ontario.


Deal Context for Seller #
Overall 1 of 4
Sector: Publishing 1 of 3
Type: Divestiture 1 of 4
Country: United States 1 of 3
Year: 2001 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1996-01-01 Delta Education

Nashua, New Hampshire, United States

Delta Education LLC is a developer and supplier of hands-on science and math manipulatives, reading programs and related curriculum products for Pre-K to 9th grade.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-08-08 Delta Education

Nashua, New Hampshire, United States

Delta Education LLC is a developer and supplier of hands-on science and math manipulatives, reading programs and related curriculum products for Pre-K to 9th grade.

Sell -

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