Marshall Breeding writes: “On September 1, Francisco Partners, a private equity investment firm, announced it had acquired Follett School Solutions. Follett School Solutions’ products include the Destiny Library Manager used by many US K–12 school libraries, the Aspen Student Information System, and the Titlewave ecommerce platform, which it uses to distribute print and digital content for educational institutions. Francisco Partners states that it does not plan to fold Follett School Solutions into any of its other educational technology business and will operate it as an independent company. It may bring new business or technology assets to strengthen its acquisition, a common strategy among investment firms.”