Tantor Media
Tantor Media Acquired By Recorded Books
Tantor Media, Inc., based in Old Saybrook, Connecticut, ("Tantor") has sold 100% of its stock to Recorded Books, a portfolio company of Wasserstein & Co., LP. Carter Morse & Mathias served as Tantor's exclusive financial advisor for the transaction, which closed on December 31, 2014. Terms of the all-cash transaction were not disclosed.Tantor, founded in 2000, is one of the largest independent audiobook publishers in the United States, producing titles across a broad array of categories. Tantor's extensive catalog of titles includes Man Booker, Pulitzer, and National Book Award winners, as well as countless New York Times bestsellers. Tantor's proprietary title selection processes and innovative audiobook production software have enabled the company to grow aggressively. Tantor titles are available through all major retailers, distributors and on tantor.com.
Recorded Books
Carter Morse & Goodrich
Located in Southport, Connecticut, Carter Morse & Goodrich is a boutique M&A advisory firm that specializes in representing founder-led and family-held businesses valued between $25 million and $250 million. While CMG provides a full range of investment banking services, our primary focus is representing owners who are pursuing their once-in-a-lifetime M&A transactions. CMG specializes in advising leading companies in niche markets to plan, prepare, execute, and close successful transactions that maximize shareholder value. CMG fully understands and appreciates the unique dynamics of closely-held businesses and the importance of owner legacies. For 35 years, the combination of our hands-on approach, senior banker attention, strategic guidance, seamless transaction execution and extensive network of domestic and international resources has enabled us to become a trusted advisor to hundreds of business owners.
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rgoodrich@cartermorse.com
http://www.cartermorse.com