Barnes & Noble Education

Barnes & Noble Education, Inc. operates bookstores on college and university campuses, as well as K-12 institutions across the United States. The company functions through three main segments: Retail, Wholesale, and Digital Student Solutions. It provides a range of products, including new and used print and digital textbooks, as well as general merchandise such as collegiate apparel and technology products. Through its physical and virtual bookstores, including Textbooks.com, it offers textbook rentals and access programs like First Day and First Day Complete. The company also delivers digital content solutions through its BNC OER+ platform, which includes videos and practice assessments. Additionally, it offers subscription-based services like bartleby, which provides textbook solutions and tutoring. As of May 2020, Barnes & Noble Education operated 772 physical college bookstores and 647 virtual bookstores, along with several e-commerce sites and custom retail locations. Founded in 1965 and headquartered in Basking Ridge, New Jersey, the company serves millions of students and faculty members, aiming to enhance educational experiences and support institutional goals.

Jonathan Shar

CEO

Kevin Watson

CFO, Finance and Executive Vice President

5 past transactions

Paper Rater

Acquisition in 2018
PaperRater is an online platform that provides students with a range of writing services, including an automated proofreading tool, plagiarism detection, and writing revision resources. Established in 2009 and based in Cincinnati, Ohio, the company leverages artificial intelligence and data science to enhance the writing process. Its services allow users to identify grammatical and spelling errors while also offering an AI-driven auto-grading system that evaluates the quality of written work. As of August 2018, PaperRater operates as a subsidiary of Barnes & Noble Education, Inc. The platform aims to help students improve their writing skills effectively and efficiently.

Student Brands

Acquisition in 2017
Student Brands, LLC is an education technology company based in Los Angeles, California, founded in 2012. The company specializes in offering direct-to-student subscription-based services that provide study tools, writing assistance, and literary research. Utilizing advanced technologies such as text analysis, artificial intelligence, and cloud computing, Student Brands aims to enhance students' writing skills and academic performance. Since August 2017, it has operated as a subsidiary of Barnes & Noble Education, Inc.

MBS Textbook Exchange

Acquisition in 2017
MBS Textbook Exchange, Inc. is a leading wholesale distributor of textbooks based in Columbia, Missouri, with roots tracing back to 1909. Originally established as a school furniture and teacher supply store, the company transformed into MBS Textbook Exchange in 1973 and has since focused on providing new, used, and rental textbooks, as well as digital course materials. MBS serves college bookstores and educational institutions throughout the United States, offering a range of services including textbook management systems, inventory management, and point-of-sale software. The company is committed to simplifying the textbook fulfillment process for its clients, ensuring that students have timely access to essential educational resources at lower costs. By leveraging advanced technology and maintaining strong partnerships with bookstore operators, MBS Textbook Exchange continues to enhance the learning experience for students across North America.

Promoversity

Acquisition in 2016
Promoversity, based in Crystal Lake, Illinois, is a custom merchandise supplier specializing in licensed promotional products tailored for collegiate bookstores and corporate clients. Operating under the legal name RFQ LLC d/b/a Promoversity, the company has been dedicated to creating a diverse range of promotional items for over five years. Its product offerings include apparel, auto accessories, stationery, and wellness and personal care products, catering to the specific needs of the collegiate bookstore business and its customers.

LoudCloud Systems

Acquisition in 2016
LoudCloud Systems, Inc. is a provider of learning management systems catering to the higher education, K-12, and corporate markets, both domestically and internationally. Founded in 2010 and based in Dallas, Texas, the company offers a comprehensive learning ecosystem that integrates various tools and technologies. Its offerings include the LoudCloud Ecosystem, which features collaborative technologies, predictive analytics, and mobile capabilities. The platform encompasses tools such as Adaptive Reader Technology for social learning experiences, behavioral analytics for tracking performance, course management systems, and an array of assessment tools, including quizzes and grade books. Additionally, LoudCloud provides a virtual classroom for live online instruction and a range of functionalities for course creation and content management. The company also fosters collaboration through built-in forums and communication tools. As of 2016, LoudCloud Systems operates as a subsidiary of Barnes & Noble Education, Inc.
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