Thryv to Sell Print Directories Business to Carolwood for $142M

Corporate Action
โดย Seeking Alpha·USAU·Read original
Summary · why it matters

Thryv Holdings has agreed to sell its print directories business to Carolwood L.P. for $142M in cash. The divested business includes Print Yellow and White Pages in the U.S., Australia and New Zealand, along with related digital editions and Australia White Pages online, while Thryv will retain its Internet Yellow Pages and other online properties. Net proceeds will be used to repay debt and other liabilities, strengthening the company's balance sheet and financial profile. The transaction is expected to close in Q4 2026. THRY shares rose 4.5% premarket.

Impact on stocks 1

Cloud & Digital Infrastructure▲ · 1 stocks
Thryv Holdings Inc
THRY
▲ PositiveCapitalrelevance

Thryv is selling its print directories business for $142M cash and using net proceeds to repay debt, strengthening its balance sheet.

Off-coverage companies 1

Carolwood L.P.Private± Mixed
Capitalrelevance

Carolwood is the buyer acquiring Thryv's print directories business for $142M, but no financial details about Carolwood's own impact are given.

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