AuthorHouse(R) Future Grows Even Brighter with Bertram Capital Investment.(Company overview)

BLOOMINGTON, Ind. -- Bertram Capital, a private equity firm based in Palo Alto, California, has purchased Author Solutions, Inc., the holding company for AuthorHouse, from Gazelle Tech Ventures, an Indiana-based venture capital firm, in a transaction announced today by Bryan Smith, president and CEO of AuthorHouse.

AuthorHouse is the leading provider of publishing and marketing services for authors around the globe, last year publishing 1 out of every 30 book titles in the US. Since its founding in 1997 by an aspiring author who was frustrated by traditional publishing methods, AuthorHouse has helped approximately 30,000 authors publish nearly 40,000 titles.

"We were attracted to AuthorHouse because of the high-quality reviews the company receives from their authors, which has been the foundation for their impressive growth. Their continued commitment to quality and service is an important component of the business line extension we intend to pursue," commented Jeff Drazan, managing director for Bertram Capital.

Bryan Smith stated, "Bertram's investment will provide additional resources and opportunities for AuthorHouse's Indiana and UK-based workforce. With their commitment, we are better positioned to extend our reach into the self-publishing industry and offer additional products and services. They share our excitement for ...