Scholastic Mergers and Acquisitions Summary

PublishingCompany

Scholastic has acquired 11 companies, including 2 in the last 5 years. It has also divested 1 asset.

Scholastic’s largest acquisition to date was in 2000, when it acquired Grolier for $400M. It’s largest disclosed sale occurred in 2015, when it sold Scholastic - Educational Technology and Services Business to Houghton Mifflin Harcourt for $575M. Scholastic has acquired in 5 different US states, and 2 countries. The Company’s most targeted sectors include publishing (37%) and distribution (19%).

Join Mergr and gain access to Scholastic’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the publishing sector.

M&A Summary

  • M&A Total Activity12
    • M&A Buy Activity11
    • M&A Sell Activity1
  • Total Sectors Invested 6
  • Total Countries Invested 2
  • M&A Buy/Sell Connections 4
  • M&A Advisors 3

Scholastic

Scholastic Corp.

557 Broadway,
New York, New York 10012
United States,
(212) 343-6100
www.scholastic.com

Scholastic is a publisher and distributor of children's books and a leader in educational technology and related services and children's media. Scholastic creates quality books and ebooks, print and technology-based learning materials and programs, magazines, multi-media and other products that help children learn both at school and at home. Scholastic was founded in 1920 and is based in New York, New York.


M&A Summary

Buy vs Sell

Year ≤ '18 '19 '20 '21 '22 '23 T
Buy (0.4/yr) # 9 1 - - 1 - 11
vol $409M $409M
Sell (0.0/yr) # 1 - - - - - 1
vol $575M $575M
  12

Most Recent M&A

Company Date Value Type
Learning Ovations, Inc. 2022-09-06 - Add-on Acquisition
Irvine, California · www.learningovations.com
Mrs. Nelson's Book Fairs, Inc. 2019-12-20 - Add-on Acquisition
Pomona, California · www.mrsnelsons.com
Scholastic Corp. - Educational Technology and Services Business 2015-05-29 575M USD Divestiture
New York, New York
Weekly Reader Publishing 2012-02-06 - Divestiture
, United States
Math Solutions 2010-09-13 - Add-on Acquisition
Sausalito, California · www.mathsolutions.com
Klutz, Inc. 2002-06-05 - Add-on Acquisition
Palo Alto, California · www.klutz.com
Tom Snyder Productions, Inc. 2001-12-21 9M USD Divestiture
Watertown, Massachusetts · www.tomsnyder.com
Soup2Nuts, Inc. 2001-03-26 - Add-on Acquisition
Watertown,, Massachusetts · www.soup2nuts.tv
Grolier, Inc. 2000-04-18 400M USD Divestiture
Danbury, Connecticut
Red House Books Ltd. 1997-01-11 - Add-on Acquisition
, United Kingdom
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Publishing 4 (36%) 400M (98%) - -
Distribution 2 (18%) - - -
Media 2 (18%) - - -
Business Services 1 (9%) - - -
Education 1 (9%) - - -
Software 1 (9%) 9M (2%) - -
Information Technology - - 1 (100%) 575M (100%)
Total 11 $409M 1 $575M

By Geo

State/Country Buy Value Sell Value
United States 10 409M 1 575M
  California 4 - - -
  Massachusetts 2 9M - -
  New Jersey 1 - - -
  Connecticut 1 400M - -
  New York - - 1 575M
United Kingdom 1 - - -
Domestic 10 (91%) 409M (100%) 1 (100%) 575M (100%)
Cross-border 1 (9%) - - -
Total 11 $409M 1 $575M

Top M&A Advisors

Financial Deals
Credit Suisse Investment Banking
1
Greenhill & Co., Inc.
1
Deutsche Bank Corporate & Investment Banking
1

Deal Values

buy # Total
$100M to $1B 1 $400M
< $100M 1 $9M
TOTAL $409M
Largest Grolier, Inc.
$400M (2000-04-18)
sell # Total
$100M to $1B 1 $575M
TOTAL $575M
Largest Scholastic Corp. - Educational Technology and Services Business
$575M (2015-05-29)

M&A Connections

Deals
Acquired from
Strategic(s)
27%
3 (27%)
Divested to
Strategic(s)
100%
1 (100%)

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