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Follett School Solutions completes acquisition of MasterLibrary to enhance EdTech Solutions

PRIVATEApr 18, 2024

Acquiring Company

Follett School Solutions

Acquired Company

MasterLibrary

MchenryRochesterInformation TechnologyEducationE LearningSoftware

Description

Follett School Solutions, a leader in K-12 educational technology solutions, has strategically acquired MasterLibrary, the innovator of integrated facilities solutions for K-12 districts. The acquisition aims to significantly enhance the Follett School Solutions portfolio and reinforces their commitment to providing world-class products and services that empower educators and administrators in the K-12 sector.

Quick answer

Follett School Solutions is acquiring MasterLibrary, announced April 18, 2024. Follett School Solutions is based in Mchenry, Illinois, United States.

How much did Follett School Solutions pay for MasterLibrary?
The deal value was not disclosed.
What does Follett School Solutions do?
Since 1873, educators have trusted Follett as a partner in the mission to build confident, independent, and well-rounded students.
Where are Follett School Solutions and MasterLibrary based?
Follett School Solutions is based in Mchenry, Illinois, United States. MasterLibrary is based in Rochester, New York, United States.

Source: Fundz verified event record.

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Company Information

Company

Follett School Solutions

Location

Mchenry, Illinois, United States

About

Since 1873, educators have trusted Follett as a partner in the mission to build confident, independent, and well-rounded students. For administrators, Follett-powered technology can help you track investments, maximize resources, and tap into student data. For librarians, Follett can help you build a diverse collection of print and digital resources that support every student. For teachers, the Follett universe of materials includes curated, standards-aligned, and customizable tools, plus an extensive selection of the books kids want to read. From content to technology, Follett helps educators unlock potential in more than 45 million students worldwide.

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Frequently asked

Who acquired MasterLibrary?

MasterLibrary was acquired by Follett School Solutions, based in Mchenry. The deal was reported on April 18, 2024. Since 1873, educators have trusted Follett as a partner in the mission to build confident, independent, and well-rounded students. Follett School Solutions is privately held and operates in Information Technology.

When did Follett School Solutions acquire MasterLibrary?

Follett School Solutions's acquisition of MasterLibrary was reported on April 18, 2024. Follett School Solutions, a leader in K-12 educational technology solutions, has strategically acquired MasterLibrary, the innovator of integrated facilities solutions for K-12 districts. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does MasterLibrary do?

MasterLibrary provides integrated cloud-based applications for K-12 school districts to manage facility scheduling and work order management. It is privately held, operating in Software, and is based in Rochester.

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