Follett Corporation has sold Follett School Solutions, the company’s K-12 software and content division, to tech-focused investment firm Francisco Partners, which owns the K-12 education-focused businesses Renaissance Learning, Discovery Education, Freckle, myON and Mystery Science. Earlier in the year, Francisco bought VitalSource from Ingram Content Group. The terms of the deal were not announced. Follett Corporation will continue to own and operate college bookstores through the Follett Higher Education Group, as well as what remains of Baker & Taylor. Britten Follett, a fifth-generation family member, will become ceo of FSS Content, while Paul Ilse, former ceo of Discovery Education (another […]
