Perseus Books Group was an Americanpublishing company founded in year 1996 by investor Frank Pearl.[1] Perseus acquired the trade publishing division ofAddison-Wesley (including theMerloyd Lawrence Books imprint) in 1997.[2]
In 2005, Perseus acquired Client Distribution Services, the former distribution arm ofRandom House.[3][4][5] It was named Publisher of the Year in 2007 byPublishers Weekly magazine for its role in taking on publishers formerly distributed by thePublishers Group West and acquiring Avalon Publishing Group.[1] In January 2007, the Perseus Books Group purchased Avalon Publishing Group, the parent company ofCarroll & Graf Publishers and Thunder's Mouth Press.[6] The purchaser folded both imprints and stopped publishing books under those names in May 2007.[7]
In 2014, after the bankruptcy auction of Good Books assets,Skyhorse Publishing sold theMayo 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, aprivate equity firm.[9] In April 2016, its name and publishing business was acquired byHachette Book Group and its distribution business byIngram 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]
Before Avalon Publishing Group was integrated into the Perseus Books Group, it published on 14 imprint presses.[16] In 2007, some of the imprints were integrated into the Perseus Books Group, while others folded or were sold to other companies. Perseus also sold one of their imprints in the restructuring process.
1 Louis Hachette Group (via Lagardère SA) owns these brands in the United Kingdom only. These brands are owned byScholastic Corporation in the United States.
