Operating Company Software

OverDrive

Cleveland, Ohio, United States

OverDrive is a mission-based digital reading platform serving libraries and schools with award-winning apps and services (e.g., Libby, Sora, Kanopy, and TeachingBooks.net) and an institutional marketplace (OverDrive Marketplace) for libraries and education buyers.

Focus Areas
Digital library reading apps (Libby, Sora), Digital content distribution for libraries and schools, Library and education institutional marketplace (OverDrive Marketplace)
Website
overdrive.com

Tracked deals

3

3 tracked deals across 2020-2021.

Recent pace

0

0 tracked deals announced in the last 12 months.

Deal mix

Buyout

2 buyout · 1 divestiture

OverDrive Acquisition Volume by Year

Last 2 years

Acquisition volume by year Annual acquisition counts for the last 2 years for OverDrive. 1 2020 2 2021

Supporting Data

Recent Transactions

  • Buyer
    OverDrive
    Target
    TeachingBooks.net
    Industry
    Education
    Type
    Buyout

    OverDrive, the digital reading platform for libraries and schools, acquired TeachingBooks.net to strengthen curriculum-focused resources for K-12 educators and integrate supplemental materials into OverDrive Education’s Sora app. The acquisition expands OverDrive’s catalog of instructional content and provides educators with over 265,000 curated resources used by tens of thousands of schools and libraries worldwide.

  • Buyer
    OverDrive
    Target
    Kanopy
    Seller
    L Squared Capital Partners
    Type
    Buyout

    OverDrive has acquired Kanopy, the leading video streaming service for public and academic libraries, from L Squared Capital Partners. The deal brings Kanopy’s curated catalog of over 30,000 films into OverDrive’s library-focused platform to expand digital content offerings for libraries and schools worldwide.

  • Buyer
    OverDrive
    Target
    RBdigital (RBmedia's library business)
    Seller
    RBmedia

    OverDrive, the KKR-owned digital reading platform based in Cleveland, acquired the assets of RBmedia’s RBdigital library business across North America, the United Kingdom and Australia. The deal transfers RBdigital’s library platform to OverDrive to expand its catalog and features for libraries—bringing additional audiobooks and potential magazine content—while RBmedia retains its publishing businesses.

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