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Our Private Equity Group provides trusted counsel derived from deep industry knowledge to established as well as up-and-coming private equity firms. We represent firms of every size across the spectrum of investment strategies, and we build long-standing relationships with our clients. As active participants in the private equity industry, we are able to advise our clients on the latest innovations, as well as current market practices and trends.

Houghton Mifflin Harcourt to Acquire Scholastic’s Educational Technology and Services Business for $575 Million

Paul, Weiss client Houghton Mifflin Harcourt announced that it has entered into an agreement to acquire the Educational Technology and Services division of Scholastic Corporation for $575 million in cash. The deal is expected to close in the second quarter of this year.

The Paul, Weiss team included corporate partners Thomas de la Bastide, John Kennedy and Tarun Stewart and counsel Stephen Koo, Ji Lu and Claudine Meredith-Goujon; tax partner Patrick Karsnitz and counsel Alyssa Wolpin; real estate partner Mitchell Berg; and employee benefits partner Lawrence Witdorchic.

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