Nashville’s venerable book publisher Thomas Nelson will be acquired by HarperCollins Publishers, the companies announced yesterday (10/31). The amount of the transaction was not revealed, and the deal is expected to close by the end of the calendar year.
Thomas Nelson is one of the country’s leading inspirational publishers. Among its offerings is the current No. 1 bestseller Heaven Is For Real, and the books of many popular authors, such as Billy Graham, Max Lucado, and Dave Ramsey.
“We are excited to be joining HarperCollins Publishers,” said Mark Schoenwald, President and CEO of Thomas Nelson. “We believe this transaction represents an attractive strategic fit for our company. With HarperCollins’ resources and capabilities to draw on, we will capitalize on the many opportunities in this rapidly changing world of publishing.”