Blackstone to invest in Renaissance.

Blackstone agreed to invest in Renaissance, a developer of cloud-based assessment, teaching and learning platform. Existing investor Francisco Partners remains major shareholder. Financial terms were not disclosed. “Chris and the Renaissance team have done an exceptional job building a next generation technology platform to meet the rapidly evolving needs of today’s classroom and beyond – where digital tools play a critical role. We’re thrilled to join with Francisco Partners to support the continued expansion of the business as educators increasingly leverage technology to provide students with personalized learning solutions," Eli Nagler, Blackstone Senior Managing Director.