Law360, New York (February 17, 2012, 7:37 PM ET) -- Publisher John Wiley & Sons Inc. has purchased Inscape Holdings Inc., a provider of behavior assessments and training products that develop interpersonal business skills, for $85 million from private equity firm Sentinel Capital Partners, Wiley announced Friday.
Most of the Inscape stock was held by investment funds controlled by New York-based Sentinel. Inscape CEO Jeffrey Sugerman and the company's 50 employees will all become part of Wiley as a result of the acquisition, according to a statement Wiley issued Friday.