Industry News
Follett Offloads K–12 Division
Follett has sold its K–12 content and software division to private investment firm Francisco Partners, which also owns Renaissance Learning, Discovery Education, Freckle, myON and Mystery Science. The Follett Higher Education Group will remain a part of the company.
Follett School Solutions (FSS) publishes a wide range of software and
content titles, including Follett Destiny, which is used in more than
75,000 schools around the world, as well as Aspen, a student
information system; MyDestiny, which provides access to teacher
resources and eBooks; Classroom Library Manager, a free tool that
helps educators track resources and student reading habits; and a
wide range of textbooks, test prep resources and other classroom
resources.
All of the K–12 team will remain a part of FSS, according to the
companies. Britten Follett will become CEO of FSS Content. Paul Isle,
previously CEO of Discovery Education, will become CEO of FSS
Software.
Terms of the deal were not publicly disclosed.
