Standard Publishing Group has sold certain assets to David C Cook
Lincoln International (“Lincoln”), a leading global mid-market investment bank, is pleased to announce that Standard Publishing Group (“Standard” or the “Company”), an indirect subsidiary of CFM Religion Publishing Group Holdings (“CFM”), a portfolio company of The Wicks Group has sold certain assets to David C Cook (“DCC”), a leading non-profit Christian church resource provider. The transaction included Standard’s Bible lesson commentary series, Sunday school curriculum and other church resources. Financial terms of the transaction were not disclosed.
Standard has a legacy of producing “true-to-the-bible” educational materials for the Christian community. The Company also publishes books for adults in the areas of devotionals, family, leadership and personal growth.
“Lincoln executed a well-structured and professional sale process involving a compressed timeline,” said Peter Esposito, CEO of CFM Publishing. “Lincoln’s deep experience and thoughtful advice were invaluable in securing and executing a successful transaction.”
“Lincoln has been a valuable partner as both our firms have continued to grow,” said Kevin Brady, a vice president at The Wicks Group. “Their steady guidance during all stages of the transaction was vital to driving the process forward and achieving the objectives of both parties.”
Lincoln acted as the exclusive financial advisor to Standard Publishing Group in this transaction, working closely with Standard’s senior management team and shareholders throughout the sale process. This included providing advisory expertise and managing the preparatory, marketing, negotiation and due diligence phases of the transaction.
About The Wicks Group of Companies
The Wicks Group of Companies is a private equity firm based in New York City that invests in lower mid-market companies operating in selected segments of the information, education and media industries principally in the U.S. and Canada. For more information, please visit www.wicksgroup.com.
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