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New Deal


Announced

Completed

Renaissance completed the acquisition of Illuminate Education.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Friendly

Private

United States

education

Education Services

Domestic

Single Bidder

Majority

Acquisition

Completed

Synopsis

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Renaissance, a developer of cloud-based assessment, teaching and learning platform, completed the acquisition of Illuminate Education, a developer of an education platform designed for collecting, reporting, organizing and analyzing student data. Financial terms were not disclosed. Merging these two K-12-centric companies will accentuate their leading presence in the assessments and evaluations product category.

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