Renaissance Secures Significant Growth Investment From Blackstone
09/11/21, 12:00 AM
Renaissance (Renaissance), a specialist in pre-K–12 educational technology, has secured a significant equity investment from private equity funds managed by Blackstone alongside existing investors including Francisco Partners and TPG’s The Rise Fund.
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Renaissance is one of the most recognised and trusted brands in K-12 education serving more than 40 per cent of US schools and more than 16 million students worldwide. 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 personalised learning solutions.”Jason Brein, Partner at Francisco Partners, and Alan Ni, Principal at Francisco Partners, says: “As a leading K-12 edtech software platform, Renaissance is at the forefront of developing innovative solutions that offer new ways to teach and learn across remote, hybrid, and in-person classrooms.