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  • Ascend Learning, a portfolio company of Providence Equity Partners, has acquired PrepMe, a Chicago-based developer of a adaptive learning platform and virtual classroom. More

  • Ecolab Inc. (NYSE: ECL) has agreed to acquire water treatment company Nalco Holding Co. (NYSE: NCL) for around $5.4 billion, or $38.80 per share (34 premium to yesterday's closing price). More

  • Essence Group Holdings Corp. has raised $61 million in new funding from such firms as Camden Partners and Kleiner Perkins Caufield & Byers. More

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