Press Release

Sheppard Represents Carolwood in Acquisition of Thryv's Print Business

September 14, 2026Estimated Read Time: 1 min

Sheppard represented Carolwood L.P.  in its acquisition of the print directories business of Thryv Holdings, Inc. (Nasdaq: THRY). The transaction encompasses Thryv's Print Yellow Pages and White Pages businesses in the United States, Australia and New Zealand, the digital editions of those print directories and Australia White Pages online. 

Carolwood is a fully integrated private equity and real estate firm that acquires and manages a diverse portfolio of properties and companies with significant potential for growth and value creation, including Indian Motorcycle. Through its entrepreneurial investment approach, Carolwood partners with management teams to build long-term value for investors, business partners and the communities it serves.

The Sheppard deal team was led by Zac Turke and included Aerin Snow, Jay Lee and Karen Shilyan. 

Read the press release here.

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