The largest self-help and transformational book publisher secures its 30-year legacy
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.
Hay House is known across the industry for its bespoke subject focus and marketing ability, creating brand recognition and loyalty among its readers. Currently a book distribution 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.
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, which has 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, USA
Oaklins’ expertise was instrumental in facilitating this deal
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.
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Read more about the transaction, market trends, deal drivers and M&A valuation aspects