M&A Deal Summary

Springshare Acquires OCLC - QuestionPoint 24/7 Reference Cooperative Business

On May 31, 2019, Springshare acquired business services company OCLC - QuestionPoint 24/7 Reference Cooperative Business from OCLC Online Computer Library Center

Acquisition Highlights
  • This is Springshare’s 1st transaction in the Business Services sector.
  • This is Springshare’s 1st transaction in the United States.
  • This is Springshare’s 1st transaction in Ohio.

M&A Deal Summary
Date 2019-05-31
Target OCLC - QuestionPoint 24/7 Reference Cooperative Business
Sector Business Services
Buyer(s) Springshare
Sellers(s) OCLC Online Computer Library Center
Deal Type Divestiture

Target

OCLC - QuestionPoint 24/7 Reference Cooperative Business

Dublin, Ohio, United States
OCLC - QuestionPoint 24/7 Reference Cooperative Business is a provider of cooperative virtual reference services, including 24/7 reference back-up coverage from its team of experienced reference librarians.

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Buyer(S) 1

Buyer

Springshare

Miami, Florida, United States
Category Company
Founded 2007
Sector Internet Software and Services
DESCRIPTION

Springshare LLC is a provider of software that helps libraries engage with their communities and deepen relationships with users. Springshare SaaS suite is used by over 6,000 libraries in 80 countries around the world. Springshare LLC was founded in 2007 and is based in Miami, Florida.

DEAL STATS #
Overall 1 of 3
Sector (Business Services) 1 of 1
Type (Divestiture) 1 of 2
State (Ohio) 1 of 2
Country (United States) 1 of 3
Year (2019) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-08-23 Patron Point

Dublin, Ohio, United States

Patron Point is a marketing automation and engagement solution for public libraries. Patron Point was founded in 2015 and is based in Dublin, Ohio.

Buy -

Seller(S) 1

SELLER

OCLC Online Computer Library Center

Dublin, Ohio, United States
Category Company
Sector Business Services
DESCRIPTION

OCLC Online Computer Library Center, Inc. operates as a nonprofit computer library service and research membership organization.

DEAL STATS #
Overall 2 of 2
Sector (Business Services) 1 of 1
Type (Divestiture) 2 of 2
State (Ohio) 2 of 2
Country (United States) 2 of 2
Year (2019) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-07-21 Information Dimensions

Dublin, Ohio, United States

Information Dimensions provides leading document and library management tools by delivering secure document management and library solutions via the Internet, intranets, and extranets for organizations with large, complex document collections.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-04-02 CloudLibrary

Saint Paul, Minnesota, United States

CloudLibrary is a platform that offers access to a wide variety of digital content through libraries. CloudLibrary is based in Saint Paul, Minnesota.

Buy -
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