Weil Advises Providence Equity Partners and Ascend Learning in Ascend’s Sale to Blackstone and Canada Pension Plan Investment Board

Weil is advising Providence Equity Partners and Ascend Learning, LLC in Ascend Learning’s sale to Blackstone and Canada Pension Plan Investment Board from private equity funds advised by Providence Equity Partners and Ontario Teachers’ Pension Plan. Ascend Learning is a leading provider of educational content, software and analytics solutions for students, educational institutions and employers. The transaction is subject to customary closing conditions and regulatory approvals.

The Weil Team is led by Private Equity partner Kevin J. Sullivan and includes Banking & Finance partner Andrew Yoon; Capital Markets partner Heather Emmel; Technology & IP Transactions partner Jeffrey Osterman; Tax partners Jared Rusman and Mark Schwed; Executive Compensation & Benefits partner Sarah Downie; Data Privacy & Information Management partner Randi Singer; Environmental counsel John O’Loughlin; Antitrust counsel Michael Naughton and Vadim Brusser; Private Equity associates Matt Cohn, Dena Medford, Katherine Meister and Emi Suzuki; Banking & Finance associate Justin D. Lee; Technology & IP Transactions associates Dennis Adams and Daniel Cohl; Tax associates Ryan Roberts and Steven Ort; Executive Compensation & Benefits associate Aaron Cha; Complex Commercial Litigation associate Eliza Cotter; and Regulatory associate Timothy Welch.