Follett School Solutions, a leader in K-12 educational technology solutions, has announced the strategic acquisition of MasterLibrary, the innovator of integrated facilities solutions for K-12 districts. This acquisition is a significant step towards enhancing the company’s ability to provide world-class products and services that empower educators and administrators in the K-12 sector, offering them a comprehensive suite of solutions to streamline their operations and improve efficiency.
With this acquisition, the MasterLibrary suite will significantly broaden the Follett School Solutions portfolio. It brings with it a range of unique features, such as all-in-one facility scheduling, work orders management, fee processing, rental and reservation software built specifically for K-12, and the management of asset inventory, communication, preventative maintenance schedules, project and capital planning, and more. These features are designed to meet the specific needs of K-12 districts, making MasterLibrary by Follett School Solutions a best-in-class solution.
With school districts in over 30 states, MasterLibrary aims to help the educational sector better manage its facilities with the limited resources it has on hand. By generating new efficiencies in facility administration and maintenance, the platform helps its customers achieve better-managed, more transparent, and safer environments for students, staff, and the community. The company believes that technology in the educational space includes smart ways to manage the “where.”
Speaking on the deal, Chris Porter, CEO of Follett School Solutions, said:
We believe in a unified approach to technology in education and in providing exceptional, integrated solutions that work smoothly in a district’s technology ecosystem. MasterLibrary’s commitment to streamlining operations, enhancing communication, and managing costs speaks directly to the everyday realities of school administrators. Its user-friendly approach and seamless data integration across various platforms ensure the ease of use and reliability that districts need.
Porter added:
This acquisition expands our ability to support more schools and districts and is a result of our commitment to technology innovation in K-12. The expanding Follett School Solutions ecosystem empowers various educational professionals – from superintendents and CTOs to librarians, teachers, and CFOs.
Additionally, ML Drawings® revolutionizes asset tracking by enabling school administrators to swiftly access, edit, and customize their floor plan drawings. As an integrated asset mapping tool, users can create a dynamic, graphical view of assets categorized by location and type, effectively transforming static drawings into interactive floor plans.
Thomas Rauscher, Founder and President of MasterLibrary, said:
We are excited to join the Follett School Solutions family and extend MasterLibrary’s ability to support more districts everywhere. With the increasing emphasis on improved communications, time savings, cost reduction, and enhanced reporting, facilities management is becoming more crucial.
Follett School Solutions provides a broad range of educational technology solutions that help educators enhance their interactions with important stakeholders, streamline their workflows to save time, reduce unnecessary costs, and gather important data to enable more effective sharing and decision-making. Educators have relied on Follett as a reliable resource for K–12 resources and solutions since 1873.
