Library Technology Guides

Documents, Databases, News, and Commentary



DateEvent
Feb 2, 2022

Follett Higher Education acquired by investment group led by Jefferson River Capital

Follett Corporation today announced the sale of its corporate entity as well as Follett Higher Education, the company's collegiate retail and Follett ACCESS business, to a group of private investors led by Jefferson River Capital a private investment company controlled by the James family.

Company: [Follett] [Follett Higher Education] [Jefferson River Capital]

Feb 2, 2015

Follett acquires Advanced-Online

Follett acquired Advanced-Online, a leading ecommerce provider of branded merchandise store programs for education and corporate customers. Advanced-Online expands Follett's portfolio of campus store services and solutions and complements the company's extensive ecommerce capabilities.

Company: [Follett] [Follett Higher Education]

Mar 2014

Follett Corporation and Follett Higher Education relocate to Three Westbrook Corporate Center

In March 2014, approximately 750 employees from the Company's corporate office and higher education businesses at Chicago-area suburban operations in Oak Brook, Westmont and River Grove relocated to Three Westbrook Corporate Center, a 160,000 square-foot tower in Westchester, IL.

Company: [Follett] [Follett Higher Education]

Nov 2011

Follett Higher Education Group builds new distribution center in Aurora, IL

Follett Higher Education Group, the leading provider of college store and used book services, today announced its investment in a new distribution center in Aurora, Ill. that will enable the company to continue to grow its business and lead the industry. The 551,200-square-foot structure will increase Follett's processing productivity to make more books available for wholesale and direct-to-consumer orders. The facility was located at 2805 Duke Pkwy, Aurora, IL 60569.

Company: [Follett] [Follett Higher Education]

Feb 25, 2008

Follett Corporation acquires Varsity Group Inc.

Varsity Group, a provider of online textbook sales and services to educational institutions nationwide, today announced that it has entered into a definitive merger agreement with a subsidiary of Follett Corporation, the nation's largest provider of library materials and library technology to K-12 schools, the leading operator of college bookstores and a major distributor of textbooks to institutions at all levels of education. Pursuant to the merger agreement, Follett will acquire all outstanding shares of Varsity Group for $0.20 per share in cash.

Company: [Follett] [Follett Higher Education]

1999

Launch of efollett.com, an Internet-based textbook sales site

Company: [Follett] [Follett Higher Education]

1985

Follett acquires chain of 35 college bookstores

Date approximate

Company: [Follett] [Follett Higher Education]