Follett - M&A Summary, Ownership, and Business Overview

RetailCompany

Follett M&A Summary

Follett has acquired 9 companies of its own. A total of 2 acquisitions came from private equity firms. It has also divested 2 assets.

Follett has acquired in 8 different US states. The Company’s most targeted sectors include retail (34%) and e-commerce (23%).

Follett Ownership

Who owns Follett?

Follett is owned by JDH Capital. It was acquired on January 1, 2022.

Is Follett PE-backed?

Yes. Follett is owned by private equity investor JDH Capital.

Follett Business Overview

Where is Follett headquartered?

Follett is headquartered in Westchester, Illinois.

What sector is Follett in?

Follett is a retail company.

When was Follett founded?

Follett was founded in 1873.

M&A Summary

  • M&A Total Activity11
    • M&A Buy Activity9
    • M&A Sell Activity2
  • Total Sectors Invested 5
  • Total Countries Invested 1
  • M&A Buy/Sell Connections 4
  • M&A Advisors 3

Follett

Follett Corp.

3 Westbrook Corporate Center, Suite 200,
Westchester, Illinois 60154
United States,
(800) 365-5388
www.follett.com

Follett is a retailer and provider of educational materials and technology solutions to PreK-12 libraries, classrooms, learning centers and school districts in the United States, and a major supplier to educational institutions worldwide. Follett was formed in 1873 and is based in Westchester, Illinois.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 9 - - - - - 9
Sell (0.2/yr) # 1 - 1 - - - 2
  11

Most Recent M&A

Company Date Value Type
Follett School Solutions 2021-09-01 - Divestiture
McHenry, Illinois · www.follettlearning.com
NextTier Education 2018-12-13 - Add-on Acquisition
Chicago, Illinois · www.nexttier.com
Fishtree, Inc. 2018-07-11 - Add-on Acquisition
Arlington, Virginia · www.fishtree.com
Valore, Inc. 2016-11-17 - Add-on Acquisition
Boston, Massachusetts · www.valorebooks.com
Baker & Taylor Corp. 2016-04-18 - Add-on Acquisition
Charlotte, North Carolina · www.baker-taylor.com
Wobo, Inc. 2016-03-30 - Add-on Acquisition
Martinez, California · www.woboinc.com
ClassBook.com 2016-02-23 - Add-on Acquisition
Castleton, New York · www.classbook.com
Advanced-Online 2015-11-02 - Add-on Acquisition
Coppell, Texas · www3.advanced-online.com
BetterKnow, Inc. 2013-04-08 - Add-on Acquisition
Cupertino, California · www.betterknow.com
Book Wholesalers, Inc. 2012-09-05 - Divestiture
McHenry, Illinois · www.bwibooks.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Retail 3 (33%) - - -
E-Commerce 2 (22%) - - -
Internet Software and Services 2 (22%) - - -
Education 1 (11%) - 1 (50%) -
Software 1 (11%) - - -
Distribution - - 1 (50%) -
Total 9 - 2 -

By Geo

State/Country Buy Value Sell Value
United States 9 - 2 -
  Illinois 1 - 2 -
  California 2 - - -
  Virginia 1 - - -
  Texas 1 - - -
  North Carolina 1 - - -
  New York 1 - - -
  Massachusetts 1 - - -
  District of Columbia 1 - - -
Total 9 - 2 -

Top M&A Advisors

Financial Deals
Morgan Stanley
1
Legal Deals
McDermott Will & Emery
1
Jones Day
1

M&A Connections

Deals
Acquired from
Investor(s)
22%
2 (22%)
Divested to
Investor(s)
50%
1 (50%)
Strategic(s)
50%
1 (50%)

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