Penguin Random House Audio Acquires Playaway Products

Penguin Random House Acquires Wonderbly

June 4, 2025

Media & Entertainment

Penguin Random House has acquired Wonderbly, the London-based leader in personalized gift books. Wonderbly will operate independently within Penguin Random House under its existing leadership, with the acquisition intended to accelerate growth, expand reach and leverage Wonderbly's direct-to-consumer personalization capabilities.

RBmedia Acquires McGraw Hill Professional Audiobook Publishing Business

May 11, 2021

Media & Entertainment

RBmedia acquired McGraw Hill Professional's audiobook publishing business and catalog, and signed a multi-year agreement to be the exclusive audio publisher for new McGraw Hill Professional titles. The deal expands RBmedia's business and professional audio offerings while allowing McGraw Hill Professional to monetize its audio rights through a strategic publishing partnership.

RBmedia Acquires Upfront Books' Audiobook Publishing Business

July 6, 2022

Media & Entertainment

RBmedia, the KKR-owned global audiobook publisher, has acquired the audiobook publishing business and full catalog of Upfront Books. The acquisition adds Upfront's technology-driven catalog of evergreen titles to RBmedia's distribution network to accelerate global reach and growth of the acquired titles.

Penguin Random House Australia Acquires Text Publishing

January 24, 2025

Media & Entertainment

Penguin Random House Australia has agreed to acquire Melbourne-based Text Publishing, bringing the 35-year-old independent trade publisher into the Penguin Random House family. Text will retain editorial independence under an agreed charter while PRH will handle ANZ sales and support the publisher’s future growth; the sale follows ownership by Michael Heyward and Penny Hueston in partnership with Maureen and Tony Wheeler.

RBmedia Acquires GraphicAudio

March 10, 2020

Media & Entertainment

RBmedia, a KKR-backed global spoken-audio platform, has acquired GraphicAudio, a leading producer of full-cast dramatized audiobooks with a catalog of over 1,300 titles. The purchase brings GraphicAudio's immersive production capabilities and branded partnerships into RBmedia's growing portfolio of audio brands to expand content offerings and reach more listeners globally.

Platinum Equity Acquires PlayPower from Littlejohn & Co.

November 3, 2025

Manufacturing

Platinum Equity has completed the acquisition of PlayPower, a designers and manufacturer of recreational and outdoor living systems, from Littlejohn & Co. PlayPower is headquartered in Huntersville, North Carolina and operates manufacturing and distribution networks across North America and Europe; financial terms were not disclosed. Platinum Equity intends to support PlayPower's organic growth and pursue complementary acquisitions to expand the company's family of brands.