Adam Matthew, the creator of online resources for university research, has been acquired by SAGE, a leading international independent academic and professional publisher, in a transaction that will enable more of the world’s students to access important academic sources.
Posted on: 12 October 2012 06:07
Sourced from leading libraries and archives from around the world, Adam Matthew’s research and teaching collections for the humanities and social sciences cover a wide range of subject areas from medieval family life to 20th century history and popular culture.
SAGE has acquired Adam Matthew to increase distribution of Adam Matthew’s products to its global customer base. SAGE will support the continued development of new collections and other product development and expansion of the list will be supervised by Adam Matthew’s existing staff. The Adam Matthew brand and core values will be retained.
Financial terms of the transaction were not disclosed. Adam Matthew was advised by Clarity, the media and technology corporate finance advisory firm, and its US partner, The Jordan, Edmiston Group, Inc. (“JEGI”). The deal represents the first transaction jointly advised by Clarity and JEGI since forming an exclusive partner relationship last year.
Bill Pidduck, Chairman of Adam Matthew, said: “We are delighted to be joining forces with SAGE, one of the world’s most distinguished and respected academic and professional publishers. Adam Matthew has grown faster than we could have hoped. The response from the academic community to our online resources over the last decade has been fantastic. Becoming part of SAGE will enable many more students, scholars and researchers around the world to benefit from some of the great academic collections of the past millennium.”
David Tyler, Managing Director of Adam Matthew, said: “This transaction promises the business an exciting future. We would like to thank Clarity and JEGI for their counsel in helping to bring us together with SAGE.”
Marcus Anselm, Partner at Clarity, said: “Adam Matthew is a world-class business which has led the digitisation of primary source materials for the humanities and social sciences. Its future with SAGE will provide the business with the ability to accelerate its international expansion.”
(Picture credit: A hippy girl blowing bubbles at a pop concert, 1969 (b/w photo), / Hyde Park, London, UK / © Mirrorpix / The Bridgeman Art Library. From ‘Popular Culture in Britain and America, 1950-1975’ © Adam Matthew Digital Ltd.)
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