Holland & Knight Advises Thryv Holdings On Agreement To Sell Print Business For $142 Million
Thryv Holdings has entered into an agreement to divest its print business division for $142 million, with Holland & Knight providing legal advisory services.
The story
in brief.
What happened, who it affects, and why it landed on our intelligence desk — in plain English, sixty seconds or less.
Thryv Holdings has entered into an agreement to divest its print business division for $142 million, with Holland & Knight providing legal advisory services. This transaction underscores the ongoing strategic shift away from traditional print media towards digital-first models within the broader communications sector. The deal highlights the continuing consolidation and restructuring activities in the industry, as companies seek to optimise their portfolios by shedding legacy assets. For professionals, this signals a clear market preference for digital capabilities over conventional print operations, reflecting broader economic trends favouring agility and technological integration in corporate structures.
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What this means
for your career.
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This divestment signals that traditional print expertise is losing strategic value, while digital transformation and M&A advisory skills are rising. If you work in legacy media, pivot immediately to digital marketing or data analytics to remain relevant. For legal and finance professionals, specialising in corporate restructuring and transactional law offers significant opportunities, as firms like Holland & Knight handle these complex sales. Smart professionals should enhance their understanding of valuation and digital migration strategies. Consider upskilling in financial modelling or strategic marketing to support such transitions. Monitor industry trends closely; those who can bridge the gap between legacy operations and digital futures will secure the most resilient career paths in this evolving landscape.
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This briefing is based on reporting by Mondaq on 14 Sep, 07:00. Read the original coverage →
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