AEA Private Debt Supports Training The Street's Refinancing with a New Credit Facility
AEA Private Debt Leads First Lien Credit Facility
In an important move for education finance, AEA Investors' Private Debt group has announced its role as the Administrative Agent in a first lien credit facility aimed at supporting the refinancing endeavors of Training The Street (TTS), a well-regarded company under the management of Falfurrias Capital Partners (FCP). This partnership signifies AEA's continued commitment to investing in organizations that provide valuable training in finance and accounting.
AEA Private Debt: A Leader in Private Credit Solutions
Founded in 1968, AEA Investors has continuously been at the forefront of private credit investment, focusing on middle-market companies across diverse sectors. Their Private Debt division specializes in providing senior debt and other financing solutions tailored to the unique needs of their clients. Over the years, AEA has demonstrated its ability to structure effective financial solutions quickly, ensuring that businesses have the support they need to grow and succeed.
Training The Street: Empowering Future Finance Leaders
Headquartered in Charlotte, North Carolina, Training The Street is recognized as a leader in financial training. The company offers extensive courses in accounting, corporate valuation, and financial modeling. Catering to a client base that includes top-tier investment banks, asset management firms, and universities, TTS plays a crucial role in equipping both individuals and institutions with the skills necessary to navigate the complex financial landscape. Currently, TTS provides training to over 425 corporate clients and more than 100 universities, solidifying its reputation as a trusted provider in the global marketplace.
The organization prides itself on a robust team of expert instructors who bring extensive practical experience into the classroom, ensuring that learners benefit from a rich educational experience. “Training The Street has distinguished itself as a provider of choice with its effective training solutions,” remarked Jeff Schmidt, Principal at AEA Private Debt. This growth-centric partnership between AEA and TTS showcases a mutual commitment to fostering education and professional development.
Continuing Partnership with Falfurrias Capital Partners
This financing marks the second collaboration between AEA and FCP within a year, highlighting the strong partnership built on shared goals of growth and success. Katie-Rose Austin, Vice President at FCP, expressed appreciation for AEA's swift execution in providing financial solutions to support TTS's mission. This collaborative spirit is evident in their commitment to addressing the evolving needs of the educational industry through strategic financing.
A Promising Future Ahead
Looking ahead, the partnership between AEA Private Debt and Training The Street is set to empower further growth and expansion, allowing TTS to continue providing high-quality training services. As industries evolve, the importance of financial education remains paramount, and TTS is uniquely positioned to meet this need head-on.
With the backing of FCP and innovative financing from AEA Private Debt, Training The Street is poised for significant impact, not just in the financial sector, but across various industries globally, as they train the next generation of finance professionals.
About the Companies
About AEA Private Debt: AEA Private Debt specializes in providing financing solutions, including senior debt and equity co-investments, to middle-market companies across multiple industries. Since its inception, it has facilitated over $8.5 billion in investments, contributing significantly to numerous industries worldwide.
About Training The Street: As a premier financial training provider, Training The Street focuses on equipping individuals and organizations with essential skills in finance and accounting, facilitating a smooth transition into the competitive financial job market.
About Falfurrias Capital Partners: This private equity fund is dedicated to supporting middle-market growth in diverse sectors, particularly those that can leverage its operational expertise and relationships for sustained business success.