NASHVILLE, TN – MARCH 31, 2016 – Ingram Content Group announced today that it has completed the transaction to purchase Perseus' distribution businesses. Ingram has acquired Perseus' four distinct publisher services brands: Publisher Group West (PGW), Consortium Book Sales & Distribution, Perseus Distribution Services and Legato, along with Constellation, Perseus' digital asset management and distribution service.
"We're delighted to officially welcome associates and clients of Perseus' distribution businesses to Ingram," said John Ingram, chairman and CEO, Ingram Content Group. "Ingram's center of gravity is shifting to one that is more focused on providing comprehensive publisher services on a global scale. This acquisition supports this shift and our ongoing transformation. We're strengthening our commitment to the success of our clients and customers, and are excited about what the future holds for Ingram and the book business."
Ingram will combine Perseus' client service businesses, which have 600 publisher clients, with Ingram Publisher Services' wide range of digital, physical and print-on-demand solutions to create a premier global services offering for publishers.
"We will now begin to carefully and thoughtfully examine how best to integrate the people, clients, systems and infrastructure of Perseus' distribution businesses into Ingram," said Shawn Morin, President and Chief Operating Officer, Ingram Content Group. "We purchased a growing business that has excelled in meeting the needs of its clients. We are happy to combine their expertise with our team in order to better serve clients of both Perseus distribution and Ingram."
Ingram Content Group will add Perseus' distribution facility in Jackson, Tenn., to its extensive digital and print logistics network.
Ingram Content Group Inc. is a subsidiary of Nashville-based Ingram Industries Inc. The company got its start in 1964 as a textbook depository and has since grown and transformed into a comprehensive publishing industry services company that offers numerous solutions, including physical book distribution, print-on-demand and digital services. Committed to the success of its partners, Ingram works closely with publishers, retailers, libraries and schools around the world to provide them with the right products and services to help them succeed in the dynamic and increasingly complex world of content publishing. Ingram's operating units are Ingram Book Company, Lightning Source Inc., VitalSource Technologies Inc., Ingram Periodicals Inc., Ingram International Inc., Ingram Library Services Inc., Spring Arbor Distributors Inc., Ingram Publisher Services Inc., Tennessee Book Company LLC, and ICG Ventures Inc. Learn more about Ingram Content Group at www.ingramcontent.com.
About Perseus Books Group
The Perseus Books Group's mission is to enable independent book publishers to reach their potential, whether those publishers are Perseus-owned, joint ventures or owned by third parties. Perseus publishing imprints include Avalon Travel, Basic Books, Basic Civitas, Da Capo Press, Da Capo Lifelong Books, PublicAffairs, Running Press, Seal Press, and Westview Press, as well as partnerships with The Economist, The Nation Institute, and The Weinstein Company. Through Consortium, Perseus Distribution, Publishers Group West, and Legato Publishers Group, as well as through its Constellation digital service offering, which also supports Faber Factory Powered by Constellation, the Perseus Books Group is the leading provider of sales, marketing, distribution, and digital services, serving 600 independent publishers. For more information, visit perseusbooks.com.