M&A Deal Summary

School Specialty Acquires Califone International

On January 16, 2004, School Specialty acquired electronics company Califone International

Acquisition Highlights
  • This is School Specialty’s 1st transaction in the Electronics sector.
  • This is School Specialty’s 1st transaction in the United States.
  • This is School Specialty’s 1st transaction in Wisconsin.

M&A Deal Summary
Date 2004-01-16
Target Califone International
Sector Electronics
Buyer(s) School Specialty
Deal Type Add-on Acquisition

Target

Califone International

Greenville, Wisconsin, United States
Califone International LLC designs and sells electronic audio teaching aids that are used primarily in the preschool through middle-school educational markets. Califone International was founded in 1947 and is based in Greenville, Wisconsin.

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Buyer(S) 1

Buyer

School Specialty

Greenville, Wisconsin, United States
Category Company
Founded 1959
Sector E-Commerce
Employees1,136
Revenue 626M USD (2019)
DESCRIPTION

School Specialty is a provider of online educational products and services to the Pre-K- 12th grade market in the U.S. and Canada. The company designs, manufactures and distributes a broad assortment of furniture & equipment, educational technology, general and specialty classroom supplies, facility supplies, safety and security products, and core and supplemental curriculum for science, math and English language arts. School Specialty was founded in 1959 and is based in Greenville, Wisconsin.

DEAL STATS #
Overall 1 of 6
Sector (Electronics) 1 of 1
Type (Add-on Acquisition) 1 of 5
State (Wisconsin) 1 of 1
Country (United States) 1 of 5
Year (2004) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-08-22 Delta Education

Nashua, New Hampshire, United States

Delta Education LLC is a developer and supplier of hands-on science and math manipulatives, reading programs and related curriculum products for Pre-K to 9th grade.

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