Follett Corporation

Based in the US, Follett Corporation specializes in delivering tailored campus retail solutions to the higher education sector, enhancing the academic journey through innovative services and products. Follett Corporation provides comprehensive retail solutions for educational institutions, founded in 1873 in Westchester, US. The company was involved in a significant transaction in 2022 when JDH Capital acquired Follett School Solutions, Inc. CEO Chuck Follett leads the company, which has completed one deal as of June 1, 2022.

Follett Corporation specializes in providing comprehensive campus retail solutions tailored for the higher education sector. Their core offerings include campus stores, virtual and hybrid store platforms, academic programs, and merchandise solutions, all designed to enhance the academic journey for students, faculty, and the wider campus community. Follett partners with educational institutions across North America to deliver essential course materials, a diverse array of apparel and merchandise, as well as technology solutions aimed at improving access and affordability for students. Their customer base encompasses universities such as Arizona State University, New York University, and George Washington University, where they have successfully transformed retail spaces to create engaging shopping experiences.

Follett's products and services are distributed across various geographical markets in the United States and Canada, focusing on enhancing local campus identities while responding to the needs of a unique student population. Follett's revenue streams are primarily derived from partnerships with educational institutions and direct sales to students and faculty. The company's business transactions involve a combination of B2B partnerships and direct-to-consumer sales, allowing them to provide tailored solutions for campus needs. Follett’s access programs and course material offerings are structured to facilitate seamless purchasing experiences for students, often bundled with financial aid options.

The transactions typically include merchandise sales—such as apparel, textbooks, and technology—as well as services related to campus retail management. Specific pricing structures for individual products and services are determined by each partnership and can vary based on agreements with universities and the specific needs of their communities. Follett Corporation aims to leverage recent funding to expand its service offerings and enhance its market reach. Following the acquisition of Follett School Solutions, Inc.

by JDH Capital in June 2022, the company plans to introduce new products and services designed for the evolving needs of educational institutions. This includes the development of innovative digital platforms for enhanced student engagement. Moreover, Follett is strategically looking to penetrate additional markets across North America, seeking to establish partnerships with more universities and colleges to broaden its footprint by 2025.