Add-on Acquisition • Education

Franklin Covey Acquires Strive

On April 26, 2021, Franklin Covey acquired education company Strive

Acquisition Context
  • This is Franklin Covey’s 2nd transaction in the Education sector.
  • This is Franklin Covey’s 4th transaction in the United States.
  • This is Franklin Covey’s 2nd transaction in California.

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M&A Deal Summary

Date April 26, 2021
Target Strive
Sector Education
Buyer(s) Franklin Covey
Deal Type Add-on Acquisition

Target Company

Strive

San Francisco, California, United States
Strive provides companies to build high-performing, engaged, and retained teams with personalized and practical management training and leadership development. Strive was founded in 2017 and is based in San Francisco, California.
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Buyer Overview 1

Buyer

Franklin Covey

Salt Lake City, Utah, United States

Category Company
Founded 1983
Sector Education
Employees1,084
Revenue 287M USD (2024)
DESCRIPTION

Franklin Covey is a public company specializing in organizational performance improvement. Its expertise is in seven areas: leadership, execution, productivity, trust, sales performance, customer loyalty and education. Franklin Covey clients have included 90 percent of the Fortune 100, more than 75 percent of the Fortune 500, thousands of small and mid-sized businesses, as well as numerous government entities and educational institutions. Franklin Covey was founded in 1983 and is based in Salt Lake City, Utah.


Deal Context for Buyer #
Overall 4 of 4
Sector: Education 2 of 2
Type: Add-on Acquisition 4 of 4
State: California 2 of 2
Country: United States 4 of 4
Year: 2021 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-07-12 Jhana Education

San Francisco, California, United States

Jhana Education, Inc. is specializing in creating and disseminating relevant, bite-sized content and learning tools for leaders and managers. Jhana Education is based in San Francisco, California.

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