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Hay House has been acquired by Penguin Random House

January 2024 — Hay House, a leading independent book publisher with renowned expertise in the mind-body-spirit, self-help, and health and wellness space, has been acquired by Penguin Random House, the world’s largest trade book publisher. Currently a client of Penguin Random House Publisher Services (PRHPS), Hay House will now be able to further leverage the resources and gold-standard capabilities of the world’s largest trade book publisher to reach even more audiences and further elevate its authors.

Founded in 1984 by Louise Hay, known as one of the pillars of the modern self-help movement with her legendary book You Can Heal Your Life, Hay House is one of the leading independent book publishers with renowned expertise in the mind-body-spirit, health and wellness, and self-help space. The company distinguishes itself from other traditional publishers with its offerings of transformative online courses, virtual events as well as a highly rated You Can Heal Your Life podcast and audio content app Empower You. Hay House is known across the industry for its bespoke subject focus and marketing ability, creating brand recognition and loyalty among its readers.

Penguin Random House (PRH) is the result of the merger of Random House (founded in 1927) and Penguin (founded in 1935). PRH is the world’s largest trade book publisher and employs more than 11,000 people globally. With more than 300 imprints and brands on six continents, Penguin Random House comprises adult and children’s fiction and nonfiction print and digital English German and Spanish language trade book publishing businesses in more than 20 countries worldwide.

Our role in the transaction

Oaklins DeSilva+Phillips, one of Oaklins’ TMT teams in New York, served as the exclusive financial advisor to Hay House. This transaction further highlights Oaklins’ deep sector expertise in advising media businesses, specifically those within the book publishing industry.

Parties
“I am excited to remain at the helm of Hay House in partnership with our incredible team of employees, with the added support and resources of Penguin Random House who have been an essential partner through PRHPS for many years. It is wonderful that we will keep our independence and pursue our main mission which is to help people around the world to improve their lives.”

Reid Tracy

CEO, Hay House

Talk to the deal team

Reed Phillips

Managing Partner
New York, United States
Oaklins DeSilva+Phillips

Jack Noble

Partner
New York, United States
Oaklins DeSilva+Phillips

Joanna Stone

Partner
New York, United States
Oaklins DeSilva+Phillips

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