Class VI Partners (“Class VI”) is pleased to announce the acquisition of Dreamscape Media (“Dreamscape” or the “Company”) by RBmedia.
Matthew Petterson, Class VI Vice President, said this about the experience: “We are fortunate to have worked with Dreamscape over the last several months. Jeff, Sean, and team built a leading audiobook publishing company focused on supporting the independent authors and publishers who are critical for the future of the audiobook industry. Dreamscape’s rapid growth is a testament to the strength of Dreamscape’s ownership, management, and employees. We are excited about the Company’s continued success with RBmedia.”
“The attention to detail, thoughtful preparation, and comfort of knowing that we always had someone that we can trust is what made Class VI the best firm for our transaction process,” explained Sean McManus, President of Dreamscape Media. “They entrenched themselves in our business, understanding the nuances, risks and opportunities that positioned us for success. There wasn’t any step of the process where we felt ill-equipped for what faced us – and that is what set up a successful transaction. Simply put, they always had our back during the process.”
Headquartered in Holland, Ohio, Dreamscape Media is an award-winning publisher of audiobooks. Under the Dreamscape Media brand, Dreamscape Publishing acquires, produces, and distributes audiobooks in over 60 countries. Dreamscape Select offers audiobook support services to self-published authors. The Company was founded in 2010 and publishes a catalog of over 7,000 audiobooks with nearly 1,000 new titles released each year in a variety of genres, including mystery/thriller, romance, and children’s audiobooks. Dreamscape’s bestselling authors include Jeneva Rose, whose suspense novel “The Perfect Marriage” has sold more than 350,000 audiobooks, and Lisa Jewell, who has 15 titles with the Company and has sold nearly 2 million audiobooks.
RBmedia is a premier global audiobook publisher. With more than 70,000 titles, RBmedia’s powerful digital retail and library distribution network reaches millions of listeners around the globe. RBmedia’s titles are available on leading audio platforms, including Audible, Spotify, Apple, Google Play, Audiobooks.com, Storytel, hoopla, Overdrive, and many more. RBmedia is owned by H.I.G. Capital and Francisco Partners.
The transaction closed on August 1, 2024. Reed Smith LLP served as legal counsel to Dreamscape Media.
For more information about the transaction, please contact Matthew Petterson at (303) 243-5621 or mpetterson@classvipartners.com
About Class VI Partners
Class VI provides middle-market investment banking services, including mergers and acquisitions advisory, corporate advisory, business valuation, and private capital raising services through its affiliate, Class VI Securities, LLC and Member FINRA. Class VI is also affiliated with and offers wealth management services through Class VI Family Office, LLC, a Registered Investment Advisor with the Securities & Exchange Commission.
President of Dreamscape Media Sean McManus is not being compensated for sharing opinions of Class VI. Any compensation creates a conflict of interest. The comments herein may not be representative of any other person’s experience with the firm and are no guarantee of future performance or success.
Additional Disclosures
Investment advisory services offered through Class VI Partners’ affiliate Class VI Family Office, LLC, a Registered Investment Adviser with the U.S Securities and Exchange Commission. Class VI Partners offers investment banking and private securities transactions through its affiliate, Class VI Securities, LLC. Class VI Securities, LLC is a registered broker/dealer and member of the Financial Industry Regulatory Authority (FINRA). Class VI Pathfinder, LLC provides general business consulting to privately held businesses. Collectively these entities are referred to herein as “Class VI”.
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