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School Specialty Acquires Flaghouse To Better Serve Physical Education, Special Needs And Sensory Room Markets In The Us And Canada.

Mar 03, 2023•over 2 years ago

Acquiring Company

School Specialty

Acquired Company

FlagHouse

EducationHealth CareManufacturing

Description

School Specialty, LLC., a leading provider of learning environments and supplies for the preK-12 education market, has acquired FlagHouse, Inc., a trusted provider of equipment and programs serving physical education, recreation, special needs therapy, and healthcare customers. The transaction enhances School Specialty's ability to provide comprehensive physical education and special needs solutions to schools, expands its reach into non-education markets and strengthens its presence in Canada.

Company Information

Company

School Specialty

About

With a 60-year legacy, School Specialty is a leading provider of comprehensive learning environments for the pre K-12 education marketplace in the U.S. and Canada. School Specialty believes every student can flourish in an environment where they are engaged and inspired to learn and grow. In support of this vision to transform more than classrooms by improving learning outcomes and district performance, the company applies its unmatched team of subject-matter experts and designs, manufactures and distributes a broad assortment of name brand and proprietary products to deliver upon its unique value proposition. This includes essential classroom supplies, furniture and design services, educational technology, science curriculum, supplemental learning resources, professional development, funding assistance and more. For more information, go to www.schoolspecialty.com.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed