has secured financing for a recapitalization

Capstone Headwaters Advised a Public Charter School Management Services Provider on a Senior Secured Credit Facility

July 2019

Capstone Headwaters’ Debt Advisory Group is pleased to announce the closing of a $25 million senior secured credit facility for a fast-growing provider of management services to public charter schools.  Services offered to its client schools include program and curriculum development, teacher training, school branding/marketing, enrollment, food services, facility management and back office functions including accounting, payroll, purchasing, HR and IT systems development and support. The secured credit facility will be used to finance an internal recapitalization amongst its ownership base and refinance existing debt.  Terms of the deal were not disclosed.

Lead Professional

Kent Brown

Head of Debt Advisory Group