Joint Lead Arranger, Documentation Agent | June 2020
Sector: Education / Training
AB Private Credit Investors (AB-PCI) acted as Joint Lead Arranger and Documentation Agent for senior secured credit facilities that supported Ridgemont Equity Partners' acquisition of American Safety Council (ASC). AB-PCI leveraged its expertise and knowledge in training, certification and online delivery models to efficiently deliver the flexible financing solution during a challenging market environment.
Based in Orlando, Florida, American Safety Council provides critical training and education to more than two million customers each year. ASC collaborates with federal and state agencies, higher learning institutions, trade associations and iconic industry brands to ensure the content of the company’s online courses is best-in-class and compliant with applicable laws, regulations and industry standards.
Ridgemont Equity Partners is a Charlotte-based middle market buyout and growth equity investor. Since 1993, the principals of Ridgemont have invested approximately $4.4 billion. The firm focuses on equity investments up to $250 million in industries of which it has deep expertise, including business and industrial services, energy, healthcare, and technology and telecommunications.
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This announcement is not a recommendation of, or offer to buy or sell any security or financial instrument.