Scholastic to Acquire Cottage Door Press, a Leading, Fast-Growing Innovator in Early Childhood Publishing
PR Newswire•29/09/2026•07:00 ET
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Key Highlights
- ➤Scholastic (SCHL) to acquire Cottage Door Press for approximately $71 million
- ➤Cottage Door Press generated approximately $45 million net revenue, strongly profitable, year ended May 31, 2026
- ➤Acquisition expected to contribute to fiscal 2027 revenue growth and Adjusted EBITDA
- ➤Deal expected to be accretive in second year following close, including anticipated synergies
- ➤Transaction expected to close by end of 2026, subject to customary conditions
Expert Statements
Peter Warwick, President and Chief Executive Officer of Scholastic
“Cottage Door is a strong strategic fit for Scholastic and an attractive investment in an important growth area of the children's book market”
Sasha Quinton, President of Scholastic's Children's Book Group
“Cottage Door brings a distinctive creative vision to publishing for our youngest readers, with an exceptional ability to develop innovative formats that children want to touch, explore and experience”
Dick Maddrell, Founder and CEO of Cottage Door Press
“I am incredibly proud of what our team has built over the years, and it was deeply gratifying to see how strongly others valued what we have created.”
Scholastic to Acquire Cottage Door Press, a Leading, Fast-Growing Innovator in Early Childhood Publishing PR Newswire
Transaction Strengthens Scholastic's Position in Early Childhood Publishing and Expands Opportunities for Growth Across Formats and Channels
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