Ijw & Co. Announces Random House Children'S Books Acquisition Of Boxcar Children Rights From Albert Whitman & Company
Jun 07, 2023•over 2 years ago
Acquiring Company
IJW &
Acquired Company
Random House Children's Books
Angel InvestmentFinanceFinancial ServicesConsultingEbooksPublishingEducation
Description
Random House Children's Books has acquired the rights to Boxcar Children, a book property owned by Albert Whitman & Company. Boxcar Children books will now be published by Random House Books for Young Readers, an imprint that publishes titles including The Magic Treehouse, Junie B. Jones, and A-Z Mysteries.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed