ICM Partners Acquires D.C.-Based Lit Firm The Sagalyn Agency
The move opens an office in the nation's capital for ICM.
ICM Partners has acquired Washington, D.C.-based literary firm The Sagalyn Agency, The Hollywood Reporter has learned. In addition to bolstering ICM’s already-robust books division, the move also opens an office in the nation’s capital to go with the agency’s existing locations in Los Angeles, New York and London.
“The acquisition of The Sagalyn Agency gives us an important presence in Washington, D.C., at a time when the world’s eyes are on the city moment by moment and the opportunities in publishing are boundless,” ICM publishing division co-heads Esther Newberg and Sloan Harris said Thursday in a joint statement. “Strategic value and culture are our primary concerns as we continue to carefully grow ICM Partners, and in The Sagalyn Agency, much like [recent previous acquisitions] Headline Media and Royce Carlton, we share a successful and productive long-term working relationship that has greatly benefited our clients."
Sagalyn’s clients include journalists from The Washington Post, The New York Times, The Atlantic, The Wall Street Journal, Vanity Fair and Wired; prolific novelists David Ignatius, Daniel Suarez and Francine Mathews, a.k.a. Stephanie Barron; historians Rick Atkinson, David Maraniss, Jeff Shesol, Susan Glasser, Peter Baker, Peter Finn, Ronen Bergman, Eugene Robinson, Michael Dobbs and Fred Kaplan; best-selling authors Dan Pink (When), Robert Wright (Why Buddhism Is True), Franklin Foer (World Without Mind), Greg McKeown (Essentialism) and Shawn Achor (The Happiness Advantage); and scholars including UC Berkeley’s Robert Reich, Harvard’s Robert Putnam, Princeton’s Alan Krueger, Eurasia Group’s Ian Bremmer and MIT’s Andrew McAfee, Erik Brynjolfsson and Susan Hockfield.
“We are proud to join ICM Partners and their world-class literary division,” principal Raphael Sagalyn, who becomes a partner at ICM, said in a statement. “Our clients and staff will benefit enormously from the full range of services provided by the agents and staff throughout the firm.”