M&A Deal Summary

Barnes & Noble Acquires SparkNotes

On March 19, 2001, Barnes & Noble acquired internet software and services company SparkNotes for 4M USD

Acquisition Highlights
  • This is Barnes & Noble’s 1st transaction in the Internet Software and Services sector.
  • This is Barnes & Noble’s 2nd largest (disclosed) transaction.
  • This is Barnes & Noble’s 4th transaction in the United States.
  • This is Barnes & Noble’s 1st transaction in New York.

M&A Deal Summary

Date 2001-03-19
Target SparkNotes
Sector Internet Software and Services
Buyer(s) Barnes & Noble
Deal Type Add-on Acquisition
Deal Value 4M USD

Target

SparkNotes

New York, New York, United States
SparkNotes LLC, is a offers guides of various subjects, such as English literature, history, math, biology.

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Buyer(S) 1

Buyer

Barnes & Noble

New York, New York, United States

Category Company
Founded 1986
Sector Retail
Employees7,038
Revenue 3.6B USD (2019)
DESCRIPTION

Barnes & Noble is a bookseller and operates through retail stores and online. The Company’s principal business is the sale of trade books (generally hardcover and paperback titles), mass market paperbacks (such as mystery, romance, science fiction and other popular fiction), children’s books, eBooks and other digital content, NOOK and related accessories, bargain books, magazines, gifts, café products and services, educational toys & games, music and movies direct to customers through its bookstores or on www.barnesandnoble.com. Barnes & Noble was formed in 1986 and is based in New York City.


DEAL STATS #
Overall 4 of 9
Sector: Internet Software and Services M&A 1 of 2
Type: Add-on Acquisition M&A Deals 3 of 5
State: New York M&A 1 of 2
Country: United States M&A 4 of 9
Year: 2001 M&A 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-03-27 Fatbrain.com

Santa Clara, California, United States

Fatbrain.com, Inc. supplies online computer manuals, training texts and books to technical professionals.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-12-13 Union Square & Co.

New York, New York, United States

Union Square & Co. is a forward-thinking publishing company committed to creating books that inspire and entertain. Union Square & Co. was founded in 1949 and is based in New York, New York.

Buy -