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News Stories (20 Results) - Education

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... Read Story

May 29, 2019, 08:35 AM

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... Read Story

October 26, 2018, 09:00 AM

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... Read Story

September 14, 2018, 07:00 AM

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... Read Story

April 10, 2018, 07:05 AM

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... Read Story

September 19, 2017, 07:10 AM

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... Read Story

June 27, 2017, 07:00 AM

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... Read Story

May 31, 2017, 08:00 AM

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... Read Story

April 07, 2017, 07:09 AM

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... Read Story

May 26, 2016, 07:49 AM

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... Read Story

May 20, 2016, 07:45 AM

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... Read Story

January 07, 2016, 07:08 AM

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... Read Story

December 11, 2015, 07:50 AM

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... Read Story

September 09, 2015, 07:53 AM

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... Read Story

April 07, 2015, 07:33 AM

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... Read Story

November 05, 2014, 07:24 AM

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... Read Story

October 15, 2014, 07:49 AM

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... Read Story

October 15, 2014, 06:54 AM

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... Read Story

July 08, 2014, 07:23 AM

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... Read Story

December 11, 2013, 07:16 AM

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... Read Story

June 12, 2013, 08:05 AM