BRIEF: Onex invests $5.7 billion in PowerSchool Group

Lombard

Onex Corporation said it has completed an investment in PowerSchool Group LLC, the leading education technology platform for K-12 schools.

The company said in a statement that Vista Equity Partners is an equal equity partner with Onex.

Onex’ investment was made by Onex Partners IV, its $5.7 billion fund.