Blackstone and Canada Pension Plan Investment Board acquired Ascend Learning from Providence Equity Partners and Ontario Teachers' Pension Plan.

Blackstone and Canada Pension Plan Investment Board acquired Ascend Learning, a leading provider of educational content, software and analytics solutions, from Providence Equity Partners and Ontario Teachers' Pension Plan. Financial terms were not disclosed. "We are excited to work with Blackstone and CPPIB and know their partnership will be a tremendous asset for the next phase of our company's growth," said Greg Sebasky, CEO of Ascend Learning. "We're also grateful for the partnership we've had with Providence and Ontario Teachers' and the outstanding growth we've experienced working with them."