BMO Harris Bank’s Sponsor Finance group announced it was joint lead arranger, joint bookrunner and is administrative agent for $25.0 million in senior credit facilities to Porter and Chester Institute, a Thoma Bravo portfolio company.
Porter and Chester Institute (PCI) is a private sector, post-secondary technical institution with nine locations throughout Connecticut and Massachusetts, featuring ten different career programs. Founded in 1946 PCI trains its students in the technical and professional skills essential for their chosen career. This acquisition expands PCI’s footprint into Pennsylvania with the addition of four campuses.