Lerner Publishing Group Expands Portfolio with New Acquisition
Acquisition of Sundance Newbridge by Lerner Publishing Group
Lerner Publishing Group announced its exciting acquisition of Sundance Newbridge Publishing. The move is set to enhance Lerner’s already impressive catalog of educational materials, specifically tailored for students in grades PreK-8. This acquisition introduces over 3,600 additional fiction and nonfiction titles to Lerner’s offerings, greatly expanding their supplemental literacy solutions.
About Sundance Newbridge
Founded over 50 years ago, Sundance Newbridge specializes in supplemental literacy products and solutions designed for classrooms. Their commitment to providing high-quality materials has made them a trusted name among educators. With a focus on enhancing the educational experience, Sundance Newbridge offers resources that develop foundational skills in areas like phonics, reading comprehension, vocabulary, and writing.
Vision for Collaboration
Adam Lerner, the publisher and CEO of Lerner Publishing Group, expressed enthusiasm about the acquisition. He highlighted the exceptional expertise that Sundance brings to the table, particularly in understanding the needs of the classroom channel. The merging of their resources and knowledge promises a more robust offering for both educators and students, aligning perfectly with modern educational standards.
Transition Plan for Employees
As part of this acquisition, all 14 employees of Sundance Newbridge will be retained, ensuring continuity and stability during this transition. Paul Konowitch, the former president of Sundance, emphasized that this partnership is a fantastic opportunity to better serve the educational community, benefiting both students and teachers.
Operational Management Post-Acquisition
The management of publishing, acquisitions, sales, and customer service for Sundance Newbridge will continue from their current location in Massachusetts. As Lerner Publishing Group integrates these operations, Globe Pequot Publishing will oversee warehousing and fulfillment from their facility in Maryland until early 2025, when they transition all operations to Lerner's warehouse in Mankato, Minnesota.
About Lerner Publishing Group
Lerner Publishing Group has been a cornerstone in the publishing industry since 1959, known for its high-quality fiction and nonfiction literature for children and young adults. With numerous imprints under its umbrella, Lerner is committed to fostering a love for reading among young learners. Their focus remains on creating engaging and educational texts that cater to diverse learning needs.
Frequently Asked Questions
What prompted Lerner Publishing Group to acquire Sundance Newbridge?
By acquiring Sundance Newbridge, Lerner Publishing Group aims to strengthen its position in the educational sector and expand its catalog of supplemental literacy products.
How many titles will be added to Lerner’s catalog due to this acquisition?
The acquisition brings over 3,600 new titles to Lerner Publishing Group's catalog, enhancing their offerings for educators and students.
What support will existing Sundance Newbridge employees receive?
All employees of Sundance Newbridge will be welcomed into the Lerner Publishing Group family, ensuring they are supported and retained during the transition.
Where will the operations of Sundance Newbridge be managed from after the acquisition?
Post-acquisition, the operations will continue to be managed from Massachusetts, with plans to transition fulfillment operations to Lerner’s facility in Minnesota by early 2025.
What is the history of Sundance Newbridge Publishing?
Sundance Newbridge has been dedicated to providing supplemental literacy solutions for over half a century, with a strong focus on quality educational materials.
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