Multnomah Publishers President and Publisher Don Jacobson announced yesterday that he has executed a formal letter of intent to sell the Sisters, Ore., based publishing house. The company was founded by he and his wife, Brenda, in 1987.

Jacobson will announce the buyer upon completion of the sale, which is expected to take place on or before July 31.

Jacobson noted that he and his wife have gone through an “extensive process to identify another publisher that shares our vision for Multnomah” and are confident they have “found a publisher with the resources to accomplish this mission.” The leaders … are well-known within Christian publishing and have a fine list of authors that we believe are quite compatible with Multnomah authors.”

Multnomah is best-known for publishing The Prayer of Jabez by Bruce Wilkinson, and has also published titles from Joshua Harris, Shaunti Feldhahn and Michelle McKinney Hammond. According to the company Web site, the publisher releases 100 titles per year and carries 600 backlist titles.

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