April 16, 2018 / 12:53 PM / 8 days ago

BRIEF-Onex And Vista Equity Partners To Become Equal Partners In Powerschool

April 16 (Reuters) - Onex Corp:

* ONEX AND VISTA EQUITY PARTNERS TO BECOME EQUAL PARTNERS IN POWERSCHOOL, BACKING EDTECH LEADER’S VISION FOR THE FUTURE OF K-12 EDUCATION

* ONEX CORP - TERMS OF TRANSACTION WERE NOT DISCLOSED

* ONEX CORP - CONCURRENT WITH ONEX/VISTA TRANSACTION, POWERSCHOOL WILL ACQUIRE PEOPLEADMIN

* ONEX CORP - ONEX’ PORTION OF INVESTMENT WILL BE MADE BY ONEX PARTNERS IV Source text for Eikon: Further company coverage: (Reuters.Briefs@thomsonreuters.com)

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