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Parent company | Perseus LLC - Lagardère SCA |
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Founded | 1996 |
Founder | Frank Pearl |
Country of origin | United States |
Headquarters location | New York City, New York, U.S. |
Key people | David Steinberger (President and CEO) |
Imprints | 12 |
Official website | www |
Perseus Books Group was an American publishing company founded in 1996 by investor Frank Pearl.[1] Perseus acquired the trade publishing division of Addison-Wesley (including the Merloyd Lawrence imprint) in 1997.[2]
In 2005, Perseus acquired Client Distribution Services, the former distribution arm of Random House.[3][4][5] It was named Publisher of the Year in 2007 by Publishers Weekly magazine for its role in taking on publishers formerly distributed by Publishers Group West and acquiring Avalon Publishing Group.[1] In January 2007, the Perseus Books Group purchased Avalon Publishing Group, the parent company of Carroll & Graf and Thunder's Mouth Press;[6] the purchaser folded both imprints and stopped publishing books under those names in May 2007.[7]
In 2014, following the bankruptcy auction of Good Books assets, Skyhorse Publishing sold the Mayo Clinic line to Perseus. It was then incorporated and released through Perseus' Da Capo Lifelong imprint.[8]
After the death of Frank Pearl, Perseus was sold to Centre Lane Partners in 2015, a private equity firm.[9] In April 2016, its name and publishing business was acquired by Hachette Book Group and its distribution business by Ingram Content Group.[10]
In December 2018, Hachette Books became an imprint of the Perseus Books division. Concurrently, Da Capo Press and Da Capo's Lifelong became part of Hachette.[11]