Thomas Nelson, Inc. (NYSE:TNM): $473 Million Going Private Transaction

H3GM assisted in Thomas Nelson, Inc. (NYSE: TNM) enter into a definitive agreement to go private in a transaction led by InterMedia Partners VII, LP on behalf of itself and its managed funds and together with certain co-investors. The total consideration to be paid to Thomas Nelson stockholders and option holders was approximately $473 million. H3GM served as counsel to Sam Moore, chairman of the board, and for many years Thomas Nelson’s CEO, and other members of the Moore family. Terms of the deal allowed Mr. Moore to cash in his stock holdings worth more than $62 million.

Thomas Nelson, based in Nashville, Tennessee is a leading publisher and distributor of products emphasizing Christian, inspirational and family value themes and believes it is the largest English-language publisher of Bibles and inspirational products and one of the ten largest publishers overall.

InterMedia Partners VII, LP is a private equity investment firm that makes mid-to-large size investments in media companies.