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  6. Follett Software Acquires MasterLibrary

M&A Deal Summary

Follett Software Acquires MasterLibrary

On April 18, 2024, Follett Software acquired internet software and services company MasterLibrary

Acquisition Highlights
  • This is Follett Software’s 2nd transaction in the Internet Software and Services sector.
  • This is Follett Software’s 2nd transaction in the United States.
  • This is Follett Software’s 1st transaction in New York.

M&A Deal Summary
Date 2024-04-18
Target MasterLibrary
Sector Internet Software and Services
Buyer(s) Follett Software
Deal Type Add-on Acquisition

Target

MasterLibrary

Rochester, New York, United States
MasterLibrary provides integrated cloud-based facility management applications for K-12 school districts. With school districts in over 30 states, MasterLibrary strives to be an affordable, comprehensive, and user-friendly solution for efficient facilities management. MasterLibrary was founded in 2012 and is based in Rochester, New York.

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Buyer(S) 1

Buyer

Follett Software

McHenry, Illinois, United States
Category Company
Founded 1985
Sector Education
DESCRIPTION

Follett Software is a provider of educational materials and technology solutions to K-12 libraries, classrooms, learning centers, and school districts in the United States, and a major supplier to educational institutions worldwide. Follett Software distributes books, reference materials, digital resources, ebooks, and audiovisual materials, as well as pre-owned textbooks. Follett Software was founded in 1985 and is based in McHenry, Illinois.

DEAL STATS #
Overall 2 of 2
Sector: Internet Software and Services M&A 2 of 2
Type: Add-on Acquisition M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2024 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-23 LivingTree

Austin, Texas, United States

LivingTree is a provider of a secure, community-wide platform for educators and parents to engage – facilitating and improving ongoing communication and student achievement. Snowflake Technologies is based in Austin, Texas.

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