JEGI and UK Partner Clarity Represent Adam Matthew in Sale to SAGE
New York, NY and London, UK October 11, 2012 Adam Matthew, the award winning creator of online resources for university research, has been acquired by SAGE, a leading international independent academic and professional publisher, in a transaction that will enable more of the world’s students to access important academic sources.
Sourced from leading libraries and archives from around the world, Adam Matthew’s unique research and teaching collections for the humanities and social sciences cover a wide range of subject areas from medieval family life to 20th century history and popular culture.
SAGE has acquired Adam Matthew to increase distribution of Adam Matthew’s products to its global customer base. SAGE will support the continued development of new collections and other product development and expansion of the list will be supervised by Adam Matthew’s existing staff. The Adam Matthew brand and core values will be retained.
Financial terms of the transaction were not disclosed. Adam Matthew was advised by Clarity, the media and technology corporate finance advisory firm, and its US partner, The Jordan, Edmiston Group, Inc. (“JEGI”). The deal represents the first transaction jointly advised by Clarity and JEGI since forming an exclusive partner relationship last year.
Bill Pidduck, Chairman of Adam Matthew, said: “We are delighted to be joining forces with SAGE, one of the world’s most distinguished and respected academic and professional publishers. Adam Matthew has grown faster than we could have hoped. The response from the academic community to our online resources over the last decade has been fantastic. Becoming part of SAGE will enable many more students, scholars and researchers around the world to benefit from some of the great academic collections of the past millennium.”
David Tyler, Managing Director of Adam Matthew, said: “This transaction promises the business an exciting future. We would like to thank Clarity and JEGI for their counsel in helping to bring us together with SAGE.”
Marcus Anselm, Partner at Clarity, said: “Adam Matthew is a world-class business which has led the digitization of primary source materials for the humanities and social sciences. Its future with SAGE will provide the business with the ability to accelerate its international expansion.”
About Adam Matthew
Best known for digitizing the Mass-Observation Archives at the University of Sussex, the “American West” project with The Newberry Library in Chicago, and a wide range of resources from The National Archives, Kew, Adam Matthew is an award winning publisher of online primary source collections for the humanities and social sciences. Sourced from leading libraries and archives from around the world, their unique research and teaching collections cover a wide range of subject areas from medieval family life to 20th century history and popular culture. For more information, visit www.amdigital.co.uk.
About SAGE Group
SAGE is a leading international publisher of journals, books, and electronic media for academic, educational, and professional markets. Since 1965, SAGE has helped inform and educate a global community of scholars, practitioners, researchers, and students spanning a wide range of subject areas including business, humanities, social sciences, and science, technology, and medicine. An independent company, SAGE has principal offices in Los Angeles, London, New Delhi, Singapore and Washington DC. For more information, visit www.sagepublications.com.
Established in 2003, Clarity advises on corporate strategy for media and technology businesses, executing the full range of corporate transactions, including company sales, acquisitions, mergers, management buy-outs and buy-ins, and equity and debt fundraisings. Clarity is partner-led and focuses on situations where it can deliver exceptional results. Being an independent advisory firm, it focuses on making the right transactions happen for its clients. For more information, visit www.claritycp.com.
About The Jordan, Edmiston Group, Inc.
The Jordan, Edmiston Group, Inc. (JEGI) of New York, NY, the leading provider of independent investment banking services for the media, information, marketing and technology sectors, is celebrating its 25th anniversary in 2012. Since 1987, JEGI has completed more than 500 high‐profile M&A transactions for global corporations; middle-market and emerging companies; entrepreneurial owners; and private equity and venture capital firms. For more information, visit www.jegi.com.