Thryv Holdings Announces Sale of Yellow & White Pages for $142M

What Happened
Thryv Holdings, Inc. reported on Form 8-K (filed Sept. 14, 2026) that its wholly owned subsidiary, Thryv, Inc. (“Seller”), entered into an Asset Purchase Agreement dated Sept. 12, 2026 with Coldwater YP, LLC (an affiliate of Carolwood, L.P.) to sell the assets of its Yellow and White Pages directories in the United States, Australia and New Zealand, including the digital editions and Australia White Pages. The agreed cash purchase price is $142 million, subject to customary purchase price adjustments. The agreement includes customary representations and warranties, representation & warranty insurance, and is subject to ordinary closing conditions and termination provisions.

Key Details

• Agreement date: September 12, 2026; 8-K filed September 14, 2026.
• Purchase price: $142 million in cash, subject to customary closing adjustments.
• Assets included: Yellow and White Pages directories (U.S., Australia, New Zealand), their digital editions, and Australia White Pages.
• Buyer: Coldwater YP, LLC (affiliate of Carolwood, L.P.).
• Transaction terms: customary reps/warranties, R&W insurance, and closing conditions; some exhibits/schedules to the agreement were omitted from the filing but are available to the SEC on request.

Why It Matters
This transaction monetizes Thryv’s legacy directory businesses and could meaningfully change the company’s revenue mix going forward by removing these print and related digital directory assets from Thryv’s operations. The $142M cash consideration may provide liquidity that the company could use for strategic priorities (debt, reinvestment, or other uses), but the sale is not final until closing conditions are satisfied. Investors should note the deal terms and monitor future disclosures for closing status, uses of proceeds, and any impact on reported revenue and results after the transaction closes.