M&A Deal Summary

Follett Acquires Advanced-Online

On November 2, 2015, Follett acquired retailer Advanced-Online

Acquisition Highlights
  • This is Follett’s 2nd transaction in the Retail sector.
  • This is Follett’s 3rd transaction in the United States.
  • This is Follett’s 1st transaction in Texas.

M&A Deal Summary

Date 2015-11-02
Target Advanced-Online
Sector Retail
Buyer(s) Follett
Deal Type Add-on Acquisition

Target

Advanced-Online

Coppell, Texas, United States
Advanced-Online is an ecommerce provider of branded merchandise store programs for education and corporate customers.

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Buyer(S) 1

Buyer

Follett

Westchester, Illinois, United States

Category Company
Founded 1873
Sector Retail
DESCRIPTION
Follett's corporate headquarters in Westchester, Illinois.
Follett's corporate headquarters in Westchester, Illinois.

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.


DEAL STATS #
Overall 3 of 9
Sector (Retail) 2 of 3
Type (Add-on Acquisition) 3 of 9
State (Texas) 1 of 1
Country (United States) 3 of 9
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-04-08 BetterKnow

Cupertino, California, United States

BetterKnow, Inc. provides an institutional cloud-based service that makes course materials from ALL sources easily discoverable for instructors, affordable for students, and generates revenue for the institution.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-02-23 ClassBook.com

Castleton, New York, United States

ClassBook.com is an online textbook and eTextbook retailer, serving primary and secondary private schools. ClassBook pioneered the highly customizable online virtual bookstore that streamlined the buying process for students and their families.

Buy -