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Eureka Equity Partners Completes Dividend Recapitalization of West Academic



Eureka Equity Partners (“Eureka”) today announced it completed a dividend recapitalization of West Academic Publishing (“West Academic”), the leading provider of higher education learning materials for the law school market.

Headquartered in St. Paul, MN, West Academic provides legal textbooks, casebooks, study guides and other course-related materials in both print and digital media formats for law school faculty and students in the United States. West Academic provides its products under the West Academic Publishing, Foundation Press and Gilbert imprints. Eureka, in partnership with senior management, formed West Academic to acquire the Law School Publishing business of Thomson Reuters in February 2013.

“We are very pleased to provide this strong return to our investors and management partners as a byproduct of the collaborative effort we have made with West Academic’s tremendous team to build on the company’s leadership position in bringing value and innovation to the legal education market,” said Chris Hanssens, Managing Partner of Eureka and a Director of West Academic. “Since our acquisition, CEO Chris Parton has led the growth of the business from 50 to 82 people today, with a focus on driving growth in digital products and advanced learning materials integral to the evolution of the legal education market and to our relationships with our authors, law schools and their students.”

“Eureka’s consistent commitment to the long-term strategy and success of the business has helped us secure our market leadership position with the launch of innovative products such as CasebookPlus,” said Chris Parton, CEO of West Academic. “We are thrilled with our early success as an independent business and are very excited to continue to work with Eureka to expand our product and service leadership in the law school higher education market.”

About Eureka Equity Partners
Eureka Equity Partners is a private equity firm targeting niche market leaders with up to $100 million in revenue across industry segments in which Eureka brings significant experience and operating resources, including business services, health care services, specialty industrials and consumer. Eureka focuses on partnering with proven managers to drive the growth of promising companies into outstanding enterprises. Eureka leads buyouts that bring significant ownership to the operators driving the success of the business. With this core principle that aligns the interests of our operators and our investors, Eureka is also experienced and comfortable effecting minority recapitalizations with flexible investment structures designed to uniquely meet the needs of the company, its management team and other shareholders. More information about Eureka Equity Partners can be found at

Eureka Equity Partners, L.P. is a Pennsylvania-based investment adviser registered with the Securities and Exchange Commission under the Investment Advisers Act of 1940. Registration as an investment adviser does not imply a certain level of skill or training. The Funds managed by Eureka are unregistered, privately offered funds and are comprised only of private equity investments. Eureka does not solicit or make its services available to the public or other advisory clients. This press release is intended solely to provide information regarding Eureka’s potential capabilities for prospective portfolio companies, and is not an offer to sell to any person, or a solicitation from any person of an offer to buy, any securities. This is not considered an advertisement, testimonial or endorsement of the advisory services of Eureka Equity Partners nor an offer to provide new advisory services.