NEW YORK, June 17, 2015: Morgan Lewis is advising Pearson plc (U.K.) in the sale of its PowerSchool business to funds advised by Vista Equity Partners (U.S.) for a gross consideration of $350 million. The transaction was announced June 17, 2015.
The Morgan Lewis team advising Pearson on the transaction was led by partner Robert Dickey. Assisting on the transaction were partners James Sims III, John Zele, Ron Dreben, Patricia Brennan, Gary Rothstein, Richard Zarin, Charles Bogle, Vito Petretti, Harry Robins, and Frances Murphy; associates Morgan McDevitt, Daniel Nicolich, Michelle Shin, Gene Park, Matthew Schernecke, Lora Epstein, Jonathan Frodella, Gina Lauriero, Sarah Wong, Martin d’Halluin, and Heather Fuentes; as well as of counsel Jill Weintraub and Kathleen Martin.
For more information about the transaction, please see Pearson’s press release.