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  5. Literati Acquires Follett Book Fairs

M&A Deal Summary

Literati Acquires Follett Book Fairs

On January 19, 2022, Literati acquired publishing company Follett Book Fairs

Acquisition Highlights
  • This is Literati’s 1st transaction in the Publishing sector.
  • This is Literati’s 1st transaction in the United States.

M&A Deal Summary
Date 2022-01-19
Target Follett Book Fairs
Sector Publishing
Buyer(s) Literati
Deal Type Add-on Acquisition

Target

Follett Book Fairs

United States
Follett Book Fairs is the largest provider of educational materials and technology solutions to grades K-12 libraries, classrooms, learning centers, and school districts in the United States, and a major supplier to educational institutions worldwide.

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Buyer(S) 1

Buyer

Literati

Austin, Texas, United States
Category Company
Founded 2016
Sector Publishing
DESCRIPTION

Literati is a book subscription company for readers of all ages. Literati is changing the way books are discovered and read together through subscriptions for both kids and adult readers. Literati was founded in 2016 and is based in Austin, Texas.

DEAL STATS #
Overall 1 of 1
Sector: Publishing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1
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