CIBC Innovation Banking provided credit facilities to support Vertu’s strategic investment in Toronto-based LumiQ, a leading technology-enabled education platform offering accredited professional development courses and content to accounting and...
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October 24, 2024, 07:36 AM
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Audax Private Debt announced that, as Joint Lead Arranger, it provided a unitranche credit facility to support Macquarie Capital in their acquisition of Kalkomey, a provider of online recreational safety education in North America. Founded in 1995...
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Barnes & Noble Education successfully closed its milestone equity and refinancing transactions with Immersion Corporation and certain of the Company’s existing stockholders and strategic partners. These transactions will significantly strengthen...
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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...
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Trinity Capital announced the commitment of $25 million in growth capital to Elevate K-12 ("Elevate"), a Chicago-based company that provides high-quality synchronous LIVE teaching for K-12 classrooms in the United States.Elevate delivers high-quality...
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Stellus Capital Management announced that its affiliates provided senior debt financing to support the growth of Med Learning Group, LLC (“MLG”), a full-service medical education company backed by DW Healthcare Partners.MLG is an accredited online...
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Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of TouchMath by Leeds Equity Partners. Founded in 1975 and based in Colorado Springs, CO, TouchMath is a leading...
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Lafayette Square provided incremental debt financing to support the growth of Med Learning Group ("MLG"). Backed by healthcare-focused private equity firm DW Healthcare Partners, MLG is a full-service, tech-enabled continuing medical education (CME)...
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Lincoln Educational Services entered into a $40 million revolving credit facility with Fifth Third Bank. The credit agreement, which has a term of 36 months and matures on February 16, 2027, is for an aggregate principal amount of $40 million...
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February 26, 2024, 08:00 AM
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CIBC Innovation Banking provided Senior Credit Facilities to CourseKey, a leading student success and retention platform for trade and vocational education programs.CourseKey’s student-driven, mobile-first approach helps more students get from day...
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December 13, 2023, 07:35 AM
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Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Really Great Reading Company, Inc. (“RGR”) by The Vistria Group. Founded in 2005 and headquartered in...
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Monroe Capital acted as administrative agent and sole lead arranger on the funding of a senior credit facility to support the acquisition of EduStaff, LLC by private equity sponsor PPC Enterprises, LLC. Based in Grand Rapids, Michigan, EduStaff is a...
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February 02, 2023, 07:26 AM
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SC&H Capital announced that its client, Applied Educational Systems (“AES”), has been acquired by iCEV Multimedia (“iCEV”), a portfolio company of The Riverside Company. “From the outset, SC&H Capital brought a clear understanding of our business as...
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October 20, 2022, 07:36 AM
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Stride Funding announced its partnership with Encina Lender Finance (ELF) and other top-tier credit funds to increase financial support for students pursuing high-impact bootcamp and certificate programs across the US. The $105 million senior credit...
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the recapitalization of XanEdu by private equity sponsor Frontenac.Based in Ann Arbor, MI, XanEdu is a leading...
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February 04, 2020, 09:05 AM
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TD Bank announced that it executed a $23.4 million credit facility for a direct purchase of a tax exempt bond for The Governor’s Academy in Byfield, Massachusetts.The funds will be used to refinance three series of existing debt, facilitate swap...
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Roosevelt University, a leading higher education institution dedicated to social justice and to making higher education available to all students who qualify academically, regardless of their background, announced that it has completed a successful...
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October 26, 2018, 09:00 AM
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TCF Middle Market, a division of TCF National Bank which is a subsidiary of TCF Financial Corporation (TCF), announced that it provided tax exempt financing to support The Blake School, a private, nonprofit coeducational, nonsectarian PK-12 college...
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September 14, 2018, 07:00 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of TPC Training (TPC), along with complementary acquisition of JADE Learning (JADE), by private...
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Siena Lending Group LLC announced the completion of a revolving credit facility for Ambassador Education Solutions to refinance the company's existing senior debt and maintain its working capital needs. Having access to additional capital will allow...
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September 19, 2017, 07:10 AM
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BV Investment Partners (BV), a middle-market private equity firm focused on the business services and IT services sectors, announced that it has made a strategic investment in Hero K12, an education software provider. BV’s partnership with Hero K12...
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Siena Lending Group announced the completion of a three-year senior secured credit facility for Encyclopædia Britannica and its wholly-owned subsidiary, Merriam-Webster. The credit facility, which included an asset-based revolver and a term loan...
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Lincoln Educational Services Corporation announced it has completed a new $55 million secured revolving credit facility with Sterling National Bank. The new credit facility, which expires in May 2020, replaces an existing $45 million term loan that...
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Monroe Capital LLC acted as co-syndication agent on the funding of a senior credit facility to support Argyle Executive Forum LLC’s (“Argyle”) acquisition of Innovation Enterprise. Argyle is an existing portfolio company of the Wicks Group.Based in...
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Sterling National Bank, the principal subsidiary of Sterling Bancorp, announced it provided $26 million in senior secured credit facilities to support the acquisition of Learn It Systems by LLR Partners. Learn It Systems is a provider of autism...
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CapX Partners announced the closing of a $15 million senior term loan facility to Fusion Academy & Learning, an accredited, alternative, private school. Fusion will use the CapX facility to expand into two new states (Pennsylvania and Illinois) as...
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January 07, 2016, 07:08 AM
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Cambium Learning Group, a leading educational solutions and services company committed to helping all students reach their full potential, announced the completion of a new $135.0 million credit facility by its wholly owned subsidiary Cambium...
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December 11, 2015, 07:50 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $72 million senior credit facility and preferred stock investment to support the recapitalization of Education Corporation of America (“ECA”) and...
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September 09, 2015, 07:53 AM
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DeVry Education Group announced that it has entered into a new, secured revolving credit agreement. The amount of borrowing capacity available under the credit agreement is $400 million. Subject to certain conditions set forth in the credit agreement...
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First Capital, a national commercial finance company, announced it has provided a $7 million revolving line of credit to ED MAP, Inc. The senior credit facility consists of a $7 million working capital revolver collateralized by accounts receivable...
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November 05, 2014, 07:24 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $35 million senior credit facility to support the recapitalization of Trident University International by a Northeast-based private equity...
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October 15, 2014, 07:49 AM
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Bridge Bank announced that it has provided Digital Trends, a leading consumer technology publisher headquartered in Portland, Oregon, a $2.5 million line of credit to support its working capital needs."We are pleased to support Digital Trends as they...
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October 15, 2014, 06:54 AM
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Regent Education, the leading provider of financial aid management and enrollment optimization software solutions for higher education institutions, today announced a $9 million round of funding to support and accelerate the company's growth.The...
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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...
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December 11, 2013, 07:16 AM
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School Specialty, Inc. announced it has completed its financial restructuring and has officially emerged from its Chapter 11 reorganization. In conjunction with its emergence, School Specialty has a new, fully committed $175 million asset based...
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