Follet has sold Baker & Taylor to a private investment group, led by president and CEO Aman Kochar. The disposal follows the sale of Follet School Solutions to Francisco Partners at the beginning of September. Follet bought Baker & Taylor and Bookmasters from Castle Harlan in 2016. B&T has slimmed down since that transaction, most notably with their exit from the business of wholesaling books to retailers in 2019. Kochar says in the announcement, “This is a pivotal and exciting time for Baker & Taylor. As an independent entity, we look forward to leading with our expertise and legacy and […]
