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ASGARD Partners Advises Global Knowledge Training on $10MM Receivables Facility

December 18, 2018, 09:00 AM
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ASGARD Partners & Co. announced that is has advised Global Knowledge Training LLC ("Global Knowledge"), the worldwide leader in IT and business skills training, on its $10 million receivables facility.

Bob Kalainikas, CFO of Global Knowledge, stated, "The receivables facility helps us optimize our working capital cycle and also fund continued growth. We would like to thank ASGARD for their hard work in structuring the facility and driving it to a successful closure."

"We are very pleased to have the opportunity to help Global Knowledge as it continues to further build on its leadership position in the global IT and business skills training market. This facility will provide additional working capital for Global Knowledge to invest in its world class on-line training programs. It's been a pleasure to work with Bob and his outstanding team," said Joseph Adipietro, Managing Director and Co-Head of the Advisory Group at ASGARD.

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