Jefferson River Capital, a private investment company controlled by the James family, agreed to acquire Follett, a company that provides a variety of educational products to schools, colleges, and public libraries through its subsidiaries. Financial terms were not disclosed. "FHE has championed a crucial role in the collegiate retail experience across 1.1k campuses, supplying course material solutions and branded school spirit merchandise to customers," Todd Litzsinger, Follett CEO and Chairman of the Board.