Simpson Thacher is representing Blackstone in connection with its proposed equity investment in Renaissance. Blackstone is making a significant investment through its flagship private equity fund alongside existing investors including Francisco Partners and TPG’s The Rise Fund.
Renaissance is a global leader in pre-K-12 educational technology, serving more than 40% of U.S. schools and more than 16 million students worldwide. The Renaissance portfolio includes Star Assessments, myIGDIs, myON, Accelerated Reader, Schoolzilla, Lalilo and Nearpod.
The Simpson Thacher team includes Elizabeth Cooper, William Allen and Abigail Xu (M&A); Jonathan Goldstein, Sophie Staples and Eli Shalam (Tax); Lori Lesser and Melanie Jolson (Intellectual Property); Greg Grogan, Scott Schilson and Allison Sweeney (Executive Compensation and Employee Benefits); Brian Gluck (Financing); and Krista McManus and Dennis Loiacono (Real Estate).