logo
Intelligence
Tracking
Tools
logo
Intelligence
Tracking
Tools

School Specialty Acquires Schoolkidz To Make Supply Kitting Solutions More Accessible For Education And Non-Profit Use

Nov 02, 2022•about 3 years ago

Acquiring Company

School Specialty

Acquired Company

the SchoolKidz Programs

EducationMuseums And Historical SitesNon Profit

Description

School Specialty, LLC., a leading provider of learning environments, supplies and curriculum materials for the pre K-12 education market, has acquired Chicago-based SchoolKidz, a provider of school supply kitting solutions for elementary and middle school students, typically in partnership with parent-teacher (PTO/PTA) and charitable organizations. The transaction enables School Specialty to make the SchoolKidz brand of education and wellness kits more accessible to school children throughout the nation.

Company Information

Company

School Specialty

About

With a 60-year legacy, School Specialty is a leading provider of comprehensive learning environments for the pre K-12 education marketplace in the U.S. and Canada. School Specialty believes every student can flourish in an environment where they are engaged and inspired to learn and grow. In support of this vision to transform more than classrooms by improving learning outcomes and district performance, the company applies its unmatched team of subject-matter experts and designs, manufactures and distributes a broad assortment of name brand and proprietary products to deliver upon its unique value proposition. This includes essential classroom supplies, furniture and design services, educational technology, science curriculum, supplemental learning resources, professional development, funding assistance and more. For more information, go to www.schoolspecialty.com.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed