Amber-Allen Publishing has sold its publishing assets to Penguin Publishing Group
Amber-Allen Publishing, home to some of the world’s most influential personal development books, most notably The Four Agreements by Don Miguel Ruiz and Janet Mills, has sold its publishing assets to Penguin Publishing Group.
Amber-Allen Publishing was founded in 1990 by Janet Mills. Its catalog includes groundbreaking, timeless self-help and body, mind and spirit titles by Don Miguel Ruiz, Deepak Chopra, Donald Epstein, Jane Roberts, Gautama Chopra, Wayne Dyer and other thought leaders. These titles have resonated with millions of readers around the world, becoming cornerstones for those seeking guidance on their life journeys. The Four Agreements alone, published in 1997 and part of the Toltec Wisdom series, has sold more than 15 million copies in the USA and has been translated into 52 languages.
Penguin Publishing Group is the largest division of Penguin Random House, the world’s largest trade book publisher which is dedicated to its mission to ignite a universal passion for reading by creating books for everyone. The company, which employs more than 10,000 people globally, was formed on 1 July 2013 by Bertelsmann and Pearson. As of 1 April 2020, Bertelsmann is the full owner of the company. With more than 300 imprints and brands on six continents, Penguin Random House comprises adult and children’s fiction and nonfiction print and digital English-, German- and Spanish-language trade book publishing businesses in more than 20 countries worldwide. With over 16,000 new titles and more than 700 million print, audio and eBooks sold annually, Penguin Random House’s publishing lists include more than 80 Nobel Prize laureates and hundreds of the world’s most widely read authors.
Oaklins DeSilva+Phillips, based in New York, served as the exclusive financial advisor to Amber-Allen Publishing on the transaction. Over the last three years, the team has closed seven book publishing deals, showcasing our deep sector expertise and reinforcing our position as a leading investment bank within the book publishing industry.
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