Sage acquires the catalogue of Chicago Business Press

Sage has acquired the catalogue of business and management textbook publisher Chicago Business Press, adding more than 20 new textbook titles to its portfolio.

The organisation said the purchase “marks a significant milestone for Sage, as it allows us to expand our business, management, and marketing offerings and provides even more valuable resources to students and educators alike".

Chicago Business Press was founded in 2013 by Paul Ducham, a veteran of college textbook publishing with more than 20 years’ experience in the field. Of the deal he said: “We are thrilled to have Sage so enthusiastically take ownership of the Chicago Business Press titles. As a content-driven and author-centric publisher, Sage shares our values, and its guaranteed independence will assure a secure environment for our authors and their work."

He added: “When I started Chicago Business Press, our goal was to provide our customers with quality textbooks supported by ancillaries to help ease their teaching prep.

“Finding a partner that could provide a wider range of products, services, and technical support to meet the current demands of business education was central in my decision to explore acquisition options. After meeting with the Sage team, understanding their values, and learning of their guaranteed independence, it became clear that they presented the best option for our customers and authors.”

Michele Sordi, executive vice-president of Sage, added: “The Chicago Business Press authors bring exceptional writing talent and teaching and research expertise to our growing business portfolio. As an independent company, Sage has the freedom to take a long-term approach to our investments, centred on the changing needs of instructors and students. This acquisition furthers our reach into the business curriculum and accelerates our efforts to build a marketing and sales list.”