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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.
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Source: HighBeam Research, AuthorHouse(R) Future Grows Even Brighter with Bertram Capital...