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New Deal


Announced

Completed

Francisco and Blackstone-backed Renaissance completed the acquisition of GL Education from Levine Leichtman.

Financials

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

Tags

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Friendly

Majority

Cross Border

Private Equity

educational materials

United Kingdom

Education Services

Acquisition

Single Bidder

Private

Completed

Synopsis

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Francisco and Blackstone-backed Renaissance, an educational technology company, completed the acquisition of GL Education, a provider of educational assessment solutions, from Levine Leichtman, a private equity firm. Financial terms are not disclosed. “GL Education’s formative assessments, paired with Renaissance’s interconnected solutions, further empower our educators and help leaders leverage data to make meaningful change based on each individual students’ needs. We look forward to joining GL Education in driving growth for our students both in the US and abroad," Chris Bauleke, Renaissance CEO.

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