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Announced

Completed

School Specialty completed the acquisition of SchoolKidz.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Majority

educational services

Single Bidder

Friendly

Education Services

Private

Domestic

Completed

United States

Synopsis

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School Specialty, a distributor of supplies, furniture, technology products, supplemental learning products and curriculum solutions, completed the acquisition of SchoolKidz, a provider of educational supply kits. Financial terms were not disclosed. “The acquisition of SchoolKidz enables us to significantly expand our support of students and educators across the country.” He continued, “Our customers are faced with unprecedented staffing and operational challenges and have a greater need for efficient, bundled solutions than ever before. This acquisition directly enhances our ability to provide simplified solutions to educators and further their efforts to achieve greater equity and accessibility to the students who need it most," Ryan Bohr, School Specialty President and CEO.

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