New York—LexisNexis Legal & Professional announced Wednesday that, together with Reed Elsevier Properties, it has acquired the publishing brands and businesses of Sheshunoff and A.S. Pratt from Thompson Media Group. Financial terms of the deal were not disclosed.
Known for its “how-to” guides for compliance professionals, the Sheshunoff portfolio includes more than 100 publications aimed at the financial services industry, with a strong focus on federally regulated banking and credit union lending activities. A.S. Pratt provides analytical content for the banking and commercial practice areas; its portfolio includes 40 titles covering legal and regulatory issues, including the Banking Law Journal, Brady on Bank Checks and Pratt's Letter.
“Sheshunoff and A.S. Pratt are highly valued brands that have built a trusted reputation by featuring some of the country's most respected and recognized legal authorities,” said Bob Romeo, CEO of Research & Litigation Solutions at LexisNexis, in a statement. “The addition of this trusted practice area content to our portfolio, and our ability to offer [it] through multiple channels, further cements the status of LexisNexis as a premier provider of holistic banking and compliance information and analytical content.”
Both the Sheshunoff and A.S. Pratt titles will continue to be offered in print. LexisNexis intends to also offer them through digital channels, including as eBooks and online.
Berkery Noyes represented Thompson Media in the sale.