Tag: Ted Oberwager

KKR announces completion of acquisition of Simon & Schuster from Paramount

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KKR, a global investment firm, announced the successful completion of the previously announced acquisition of Simon & Schuster from Paramount Global in a $1.62 billion all-cash transaction. With the closing of the deal, Simon & Schuster is now a standalone private company, and the only independent major trade publisher in the U.S. It continues to be led by Jonathan Karp, President and…

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H.I.G. Capital to acquire RBmedia from KKR

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Leading global investment firms KKR and H.I.G. Capital (H.I.G.) announced that an affiliate of H.I.G. will acquire RBmedia and support its next phase of growth and development. RBmedia is the leading audiobook publisher in the world with a powerful digital distribution network that reaches millions of listeners around the globe. “This acquisition marks a milestone…

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