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S&S Australia Completes Acquisition of Affirm Press to Expand Publishing Program

Aug 26, 2024•11 months ago

Acquiring Company

S&S Australia

Acquired Company

Affirm Press

CammerayMelbourneEbooksPublishingEbooksPublishing

Description

S&S Australia, a prominent publishing company, has successfully acquired Melbourne-based independent publisher Affirm Press. This strategic acquisition will enhance S&S Australia’s publishing program in the Australian and New Zealand markets and provide opportunities for international growth. The acquisition is in line with S&S’s commitment to expanding its international footprint and fulfilling its overall growth plan.

Company Information

Company

S&S Australia

Location

Cammeray, New South Wales, Australia

About

Simon & Schuster Australia is a well-established publishing company with a strong presence in the Australian and New Zealand markets. They have a history of expanding into audiobook publishing, adding more titles from Australian authors, and launching various book imprints. Since being acquired by the private equity firm KKR, S&S has been actively expanding its international footprint as part of their growth plan.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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