Wonderbly's Strategic Acquisition by Penguin Random House

Graphite Capital Management has successfully completed the sale of Wonderbly, a leading digital publisher of premium personalized books, to Penguin Random House. Wonderbly was established in 2013 and has been recognized as a pioneer in the direct-to-consumer publishing model. This model effectively integrates proprietary technology with creative print-on-demand production capabilities, setting Wonderbly apart in the publishing industry. It boasts a catalogue of over 150 personalized titles and has achieved remarkable global sales, distributing over 11 million books across 140 countries. Despite the ownership change, Wonderbly's existing management team will remain in place to steer the company forward and maintain its innovative edge. This transaction represents a strategic acquisition by Penguin Random House, enhancing its portfolio with a unique personalized publishing capability.