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Monroe Capital Supports Frontenac’s Recap of XanEdu

February 04, 2020, 09:05 AM
Filed Under: Education

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 provider of custom content solutions to the Higher Ed and K–12 markets. The company delivers innovative solutions to educators at more than 1,800 institutions and partners directly with educators to develop custom course materials and curricula that are more affordable, engaging, and regulatory compliant. XanEdu leverages its deep industry expertise, key channel partnerships, and proprietary technology platform to solve critical pain points for educators.

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