Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility and equity co-investment to support the acquisition of Summit Professional Education (“Summit”) by Avathon Capital.

Founded in 2004, Summit is a provider of in-person and online continuing and professional education ("CPE") courses for physical therapists and assistants, occupational therapists and assistants, and speech language pathologists. Summit has educated over 400,000 students since inception and offers more than 1,500 courses nationwide. The company's extensive course library, coupled with its experienced base of over 100 instructors and robust technology platform, makes it an essential resource for health care professionals seeking to maintain licensure and enhance their skills through high-quality educational offerings.