Super G Funding announced it has provided second lien financing for an educational services franchisor of after-school enrichment programs in math, reading and writing for children ages 5-12.

There was a shortfall between the Target’s purchase price and the equity + senior debt raised by the Acquirer.

Super G was able to quickly get comfortable with the acquirer’s background, recurring revenue business model, growth plans, and the existing cash flow of the business to finance the gap in the acquisition. Super G structured a non-dilutive solution that was subordinated to the acquirer’s regional bank. The financing allowed for a successful closing within a few weeks of being approached by the acquirer.