Hay House Acquired by Penguin Random House

Oaklins DeSilva+Phillips client Hay House, a leading independent book publisher with renowned expertise in the mind-body-spirit, self-help, and health and wellness space, has been acquired by Penguin Random House, the world’s largest trade book publisher.

Currently a client of Penguin Random House Publisher Services (PRHPS), Hay House will now be able to further leverage the resources and gold-standard capabilities of the world’s largest trade book publisher to reach even more audiences and further elevate its authors.

As part of Penguin Random House, Hay House will retain its editorial and publishing independence, and Reid Tracy will continue to run Hay House as its CEO post-closing. No changes are planned for its Carlsbad, CA; New York; and London offices, or its management and employees.

Robin Warner, Managing Director at Oaklins DeSilva+Phillips, said, “Not only has Reid and his team built the pre-eminent self-help, inspirational and transformational book publishing company, but Hay House also stands out for its impressive direct-to-consumer competency which, in the publishing industry, is a highly sought-after skill set.”

Joanna Stone Herman, Partner at Oaklins DeSilva+Phillips, said, “The opportunity to work with Reid Tracy and Hay House was one of the greatest privileges of my career. Hay House did not just build a successful book publishing company, they created an industry. We are thrilled that PRH offers the ideal growth platform for Hay House to continue its mission to support positive change in the world by helping all people to grow in mind, body, and spirit.”

Founded in 1984 by Louise Hay, known as one of the pillars of the modern self-help movement with her legendary book You Can Heal Your Life, Hay House distinguishes itself from other traditional publishers with its offerings of transformative online courses, virtual events, as well as a highly rated You Can Heal Your Life podcast and audio content app Empower You. Hay House is known across the industry for its bespoke subject focus and marketing ability, creating brand recognition and loyalty among its readers.

One of the fastest-growing mind-body-spirit and transformational enterprises in the world, Hay House publishes more than 100 titles a year and has a backlist of more than 1,500 titles from authors and teachers such as Dr. Mindy Pelz, Dr. Wayne Dyer, Iyanla Vanzant, Suze Orman, Dr. Joe Dispenza, Jerry and Esther Hicks, David Hawkins, Gabrielle Bernstein, Colette Baron-Reid, Rebecca Campbell, Kyle Gray, Lewis Howes, Jim Kwik, Brendon Burchard, Dan Sullivan, Chris Wark and Anthony William, who are attracted to the publisher’s unique approach of engaging with readers and students.

Reid Tracy, CEO of Hay House, said, “I am excited to remain at the helm of Hay House in partnership with our incredible team of employees with the added support and resources of Penguin Random House who have been an essential partner through PRHPS for many years. It is wonderful that we will keep our independence and pursue our main mission which is to help people around the world to improve their lives.”

Nihar Malaviya, CEO of Penguin Random House, said, “As we deepen our relationship with Hay House, we are thrilled to support the company’s growth and explore the areas of opportunity in their publishing services. Hay House is one of the most recognized health, wellness, and self-help brands in the world, and we look forward to working with Reid and his team on expanding upon their innovative and diverse product offerings.”

Oaklins DeSilva+Phillips served as the exclusive financial advisor to Hay House on the transaction. ODP Managing Director, Robin Warner, led the deal team with support from Partners, Joanna Stone Herman and Jack Noble, Vice President, Sam Holloway, and Associate, Marina Piccolo. This transaction further highlights ODP’s deep sector expertise in advising media businesses, specifically those within the book publishing industry.

Read the official release here.



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Transaction TypeM&A Sell-side
ClientHay House
Sold ToPenguin Random House
IndustryMedia; Book Publishing
DateDecember 2023