Literati Acquires Follett Book Fairs

January 19, 2022

Literati, a book subscription and curation company, has acquired Follett Book Fairs from Follett to expand its business into the PK-8 school book fair market. The deal transfers Follett Book Fairs' inventory, distribution centers, and key sales and operations staff to Literati, enabling immediate bookings in several U.S. regions and broadening Literati's product and service offerings for schools and librarians.

Buyers
Literati
Targets
Follett Book Fairs
Sellers
Follett Content Solutions, Follett School Solutions
Industry
Education
Location
Illinois, United States
Transaction Type
Divestiture

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