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New Deal


Announced

Completed

Livingbridge completed the acquisition of a majority stake in World of Books from Bridges.

Financials

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Transaction Value£149m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Acquisition

E-commerce

Single Bidder

Friendly

Domestic

books

Private Equity

Majority

United Kingdom

Completed

Synopsis

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Livingbridge, a private equity firm, completed its acquisition of a majority stake in World of Books, a second-hand book retailer, from Bridges Fund Management, an investment management firm. Financial terms were not disclosed. “As the largest reseller and recycler of books in the UK, the business has already supported many UK charities and literacy causes, as well as allowing millions of book readers to discover great quality used books. We are excited to bring our eCommerce and internationalization experience to the business," Susie Stanford, Livingbridge Investor.

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