Baker McKenzie has advised Scholastic Corporation (NASDAQ: SCHL) on its definitive agreement to acquire Cottage Door Press, a leading independent publisher of early childhood books, for approximately USD 71 million.
Cottage Door Press is the largest independent children's publisher in the United States, known for its early childhood and novelty book formats. The acquisition expands Scholastic's position in the early childhood publishing market and further broadens its publishing portfolio. The transaction is expected to close by the end of 2026, subject to customary closing conditions.
The Baker McKenzie team was led by Transactional Partners Thomas Rice and Jonathan Susko (both New York) and also includes Transactional Associates Angus Duncan (Los Angeles), Darius Adel (New York) and John Puzder (New York), Employment & Compensation Partner Kim Franko (New York), IP & Technology Partner Pam Church, IP & Technology Associate Marcela Pertusi Hernández (New York), Tax Partner Lane Morgan (Dallas) and Real Estate Partner Brian Zurawski (Chicago).
Learn more about the transaction: Scholastic to Acquire Cottage Door Press, a Leading, Fast-Growing Innovator in Early Childhood Publishing
With more than 2,500 deal practitioners across 40+ jurisdictions, Baker McKenzie advises clients on complex domestic and cross-border transactions across industries and markets worldwide. The Firm combines deep transactional experience, industry knowledge and global reach to help clients navigate the legal, commercial and regulatory aspects of transformative deals.