Storytel

Background

FLB Partners acted as financial advisor to Storytel in the acquisition of the Swedish book publisher Bokfabriken. The acquisition strengthens Storytel’s content offering and represents a strategic step in the company’s continued expansion in the Nordic market.

About Storytel

Storytel is one of the world’s largest streaming services for audiobooks and ebooks, with millions of paying subscribers globally. The company offers its customers an extensive and easily accessible library of digital content across a wide range of genres. Headquartered in Stockholm, Storytel operates in over 25 markets and has established itself as a leading player in the global audiobook industry.

About Bokfabriken

Bokfabriken is an innovative and fast-growing Swedish publishing company, founded in 2012. The publisher has built a strong brand with a broad catalog of high-quality audio and print books, with a particular focus on suspense and entertainment literature. Bokfabriken has become known for rapidly identifying new talent and producing content that appeals to a wide audience in the digital marketplace.

The Transaction

FLB Partners provided financial analysis, strategic advice and project management throughout the process. By leveraging our extensive transaction experience in the media and content sector, we ensured an efficient execution and created the right conditions for the deal to deliver value for both Storytel and Bokfabriken.

Press release: https://www.storytelgroup.com/en/storytel-group-acquires-a-majority-stake-in-the-swedish-publisher-bokfabriken/