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12/2020100%

Hindawi acquired by John Wiley & Sons

UNITED KINGDOM Media & Internet / Content & Publishing EV $300–700M

Context

This transaction represents a strategic corporate acquisition wherein John Wiley & Sons assumes full control of Hindawi. Facilitated by the exclusive advisory of a premier investment bank, the operation allows the acquirer to significantly expand its footprint in the rapidly growing open-access publishing market. The primary strategic rationale underpinning this consolidation is to directly integrate Hindawi's specialized, tech-enabled publishing infrastructure into John Wiley & Sons' massive global network, thereby creating an undisputed leader in the academic research and intellectual property ecosystem.

Hindawi, which reported an EBITDA margin of [members only] in 2020, is valued in this transaction at an EV/EBITDA multiple of 15x–25x, representing a premium to the average observed in the TMT (Tech, Media, Telecom) sector (13.5x in 2020).

-> Deep-dive in TMT (Tech, Media, Telecom) market trends

Target

Founded in 1997, Hindawi is a leading academic publisher specializing in open-access journals across science, technology, and medicine (STM). The company operates more than 200 peer-reviewed journals and provides a proprietary technology platform that enables third-party publishers and academic societies to manage their own open-access workflows. Its infrastructure is designed to provide a seamless digital experience for authors, editors, and reviewers.

Ent. Value

$300–700M

Equity Value

[members only]

Multiples

EV / Revenue

4x–10x

EV / EBITDA

15x–25x

EV / EBIT

[members only]

Historical Financials (USD)

Year
Rev
EBITDA
EBIT
2020
$25–50M
$5–25M
[members only]
2019
$25–50M
$5–25M
[members only]

Other operations with John Wiley & Sons

Other operations with John Wiley & Sons
DateAcquirerTargetCountrySector
04/2014JOHN WILEY & SONSCROSSKNOWLEDGEFRANCEEdTech & Content

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REFERENCES

Valuation range: EV $300–700M

Revenue range: $25–50M

EBITDA range: $5–25M

EV/Revenue range: 4x - 10x

EV/EBITDA range: 15x - 25x

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of Hindawi by John Wiley & Sons are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.

Acquirer: john wiley & sons

FAQ

What transaction does this page cover?

This page covers John Wiley & Sons’s acquisition of 100% of Hindawi, a British company specialised in Content & Publishing, in 2020.

How was the acquisition of Hindawi by John Wiley & Sons valued, and what multiples were paid?

mynth displays the transaction’s enterprise value within the $300–700M band, its EV/EBITDA multiple within the 15x - 25x range, and its EV/revenue multiple within the 4x - 10x range. Exact figures are available to members.

What were Hindawi’s revenue and EBITDA at the time of the deal?

At the time of the transaction, Hindawi generated annual revenue estimated in the $25–50M range and EBITDA in the $5–25M bracket (FY 2020). Detailed financial figures are available to members.

How does the valuation of Hindawi compare to benchmarks in the TMT (Tech, Media, Telecom) sector?

With an estimated valuation multiple in the range of 15x - 25x, Hindawi trades above the median sector multiple of 13.5x observed for the TMT (Tech, Media, Telecom) sector in 2020. The descriptive comparison is based on 15 transactions with available EV/EBITDA multiples from differences in size, growth, profitability that may affect comparability.

What sources support the information on this transaction?

Transaction intelligence is supported by independent reporting from specialized financial publications, alongside a private document shared by the community and verified by the mynth team to ensure the accuracy of the shared information.

What is mynth?

mynth is the first free M&A database dedicated to Small & Mid-Cap transactions. We centralize Enterprise Values, revenue multiples, EBITDA multiples and transaction financials that are typically locked behind five-figure subscriptions on platforms like Capital IQ or Mergermarket. On mynth, searching and browsing deals is completely free. Our mission is simple: make professional-grade valuation intelligence accessible to every M&A advisor, independent consultant, Private Equity professional and student, without the burden of expensive annual licenses.