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 Herman & Wallace Pelvic Rehabilitation Institute (“Herman & Wallace”) by Summit Professional Education (“Summit”), an existing portfolio company of Avathon Capital.
Founded in 2005 and headquartered in Seattle, WA, Herman & Wallace provides comprehensive, hands-on and evidence-based curricula for treating pelvic floor dysfunction in all people throughout the life cycle. Founded in 2004 and headquartered in Franklin, TN, Summit is a provider of in-person and online continuing and professional education courses for physical therapists and assistants, occupational therapists and assistants, and speech language pathologists. Together, Herman & Wallace and Summit will expand access, innovate clinician education, and continue to raise the standard of care in pelvic health.