Tamarix Capital Partners Announces Investment in PE Books & Media

Tamarix Capital Partners II, L.P. (“TCP”) announced that it has provided financing in support of a search fund’s (“Sponsor”) majority recapitalization of PE Books and Media, LLC (“PEBM” or the “Company”), a leading damaged textbook reseller, out-of-print book re-publisher and audiobook publisher. 

Founded in 2002, PEBM has developed a strong reputation in the book industry working alongside nationally recognized publishing houses to help them create a secondary market for their damaged books. The damaged book business helps keep hundreds of thousands of books annually in circulation, as they would otherwise be destined for landfills.  In addition, the Company has built a robust catalogue of low-profile out-of-print books and audiobooks. 

Mark Hauser, Managing Partner at TCP, said “We welcome PEBM to the Tamarix family. As an innovative market leader in the print and digital book industry, we partnered with the Sponsor and PEBM team to support the Company during its next phase of growth.”

About Tamarix Capital Partners II, L.P. TCP works with business owners and management teams, as well as search funds, independent sponsors, family offices and private equity sponsors to finance growth strategies, changes of control transactions, acquisitions, and recapitalizations. We provide debt and minority equity investments to companies with $3 – $15 million of EBITDA and typically invest $5 – $25 million in each business, with the ability to lead larger transactions.  TCP is part of the Tamarix platform, which was founded in 1993, and is managed by seasoned investment professionals that have cumulatively invested over $3.5 billion in more than 225 companies.

Share This Post