$BS 12:15 pm Blackstone and Canada Pension Plan In
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Posted On: 04/14/2017 2:11:27 PM
$BS 12:15 pm Blackstone and Canada Pension Plan Investment Board reach agreement to acquire Ascend Learning; terms not disclosed (BX) : Ascend Learning is a provider of educational content, software and analytics solutions, and is being sold by private equity funds advised by Providence Equity Partners and Ontario Teachers' Pension Plan. This transaction is Blackstone's second investment as part of its core private equity strategy, which is specifically designed to hold private equity investments in exceptionally high-quality companies for longer periods of time than traditional private equity funds
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