M&A Deal Summary

Madison River Capital Acquires Follett Higher Education

On February 2, 2022, private equity firm Madison River Capital acquired education company Follett Higher Education

Acquisition Highlights
  • This is Madison River Capital’s 1st transaction in the Education sector.
  • This is Madison River Capital’s 1st transaction in the United States.
  • This is Madison River Capital’s 1st transaction in Illinois.

M&A Deal Summary

Date 2022-02-02
Target Follett Higher Education
Sector Education
Buyer(s) Madison River Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Follett Higher Education

Westchester, Illinois, United States
Follett Higher Education is an educational service provider and omnichannel retailer providing students, faculty, parents, fans, and staff the course materials, learning tools and retail services needed to successfully support the academic, athletic, and collegiate journey. Follett Higher Education is based is in Westchester, Illinois.

Search 214,107 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

DESCRIPTION

Madison River Capital is a private equity firm specializing in lower middle-market control buyouts and growth equity investments. The Firm primarily invests in businesses with under $20?million of EBITDA, deploying $15 to $60?million in equity capital per transaction. Sectors of interest include healthcare services, industrials, and business services. Madison River Capital was formed in 2022 and is based in New York, New York.


DEAL STATS #
Overall 1 of 3
Sector: Education M&A 1 of 1
Type: Buyout (LBO, MBO, MBI) M&A Deals 1 of 1
State: Illinois M&A 1 of 1
Country: United States M&A 1 of 3
Year: 2022 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-01-10 Senior Care Therapy

Rochelle Park, New Jersey, United States

Senior Care Therapy is a provider of patient-centered psychology and mental health services to the geriatric population in sub-acute, long-term care, and assisted living communities. Senior Care Therapy was founded in 2008 and is based in Rochelle Park, New Jersey.

Buy -