The Penworthy Company acquired by a private investor

9/28/2016

NEWS RELEASE

For Immediate Release
September 28, 2016

Contact:
Ann Hanna, MBA, CPA
Managing Director, Schenck M&A Solutions
414-465-5537


WISCONSIN – Schenck M&A Solutions and The Penworthy Company announced that a private investor has acquired Penworthy of Milwaukee, Wis. Schenck M&A Solutions advised Penworthy on this transaction.

About Penworthy Corporation

The Penworthy Company has been providing an exceptional selection of children's books to schools and public libraries in the United States since 1982. They are the exclusive source for Penworthy Prebound Books. For more information, visit penworthy.com.

About Schenck M&A Solutions

Schenck M&A Solutions, a division of Schenck SC, consists of a dedicated group of investment banking professionals providing M&A advisory services for business sales and divestitures, acquisitions, management buyouts and recapitalizations. The M&A team approaches transactions with creativity, a strong sense of urgency and the negotiation skills and deal expertise critical to complete transactions in the best interests of its clients. Schenck M&A Solutions is uniquely positioned having the dedicated M&A experience of a boutique investment bank backed by the breadth of knowledge and resources of a large accounting and advisory firm. For more information, visit schencksc.com/mergers-acquisitions.

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