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Sard Verbinnen & Co. handles Veritas Capital as it inks a $2.8B deal to acquire Houghton Mifflin Harcourt “learning technology” company for students K-12.
HMH says it closed the deal after discussions with several potential strategic and financial bidders.
Partnering with Veritas, according to HMH CEO Jack Lynch, will “accelerate our momentum and increase our impact on the 4M teachers and 50M students that we support each day.”
Veritas CEO Ramzi Musallam called HMH “one of the storied brands in education” and he’s excited to “expand its market-leading digital solutions.”
The deal is expected to close during the second quarter.
SVC has Jenny Gore and Julie Rudnick representing Veritas.
Finsbury Glover Hering owns SVC.
Prosek Partners hires FTI Consulting vet David Roady to build and deepen its relationships in the corporate sector, particularly with chief communications officers and C-suite executives.
Kekst CNC handles Crestview Partners as the private equity firm acquires Tailwind Hospitality, operator of food, beverage and retail concessions in non-hub and regional airports, from Palladin Consumer Retail Partners.
FGS Global heads the list in Mergermarket’s ranking of the top PR advisors in M&A deals for 2025. Joele Frank, Brunswick Group follow.
Financial marketing is entering a new era where brands must move beyond mere storytelling and increasingly demonstrate to audiences that they’re prepared for change.
The Walt Disney Company is bringing on Benjamin Swinburne as EVP of investor relations and corporate strategy.
