On October 24, 2023, edtech innovator BibliU announced the acquisition of Texas Book Company, a privately held company in Texas and an industry leader in delivering affordable learning materials to higher education institutions across the U.S. Wilson Sonsini Goodrich & Rosati advised BibliU on the transaction.
This acquisition builds on BibliU's innovative digital-first universal learning offering, an equitable access (EA) program that provides cost-effective day-one availability of course materials to college students. Alongside this acquisition, BibliU is expanding its digital-first portfolio by adding an Inclusive Access (IA) model to its offerings. Both models are designed to provide affordable digital course materials on day one and will allow institutions to have the flexibility to choose an access program that best fits their needs.
The Wilson Sonsini team that advised BibliU on the transaction includes:
Corporate / M&A
Ross Davies
John Lynch
Bradley Doline
Adam Enochs
Employee Benefits and Compensation
Matthew Norgard
Fleur Benns
Employment
Martin Luff
Real Estate
James McCann
For more information, please see BibliU's press release.