Investment platform Lafayette Square provided incremental debt financing to support the growth of Med Learning Group (MLG), a continuing medical education company backed by healthcare-focused private equity firm DW Healthcare Partners.
“We’re pleased to provide capital to Med Learning Group and DW Healthcare Partners as they work to expand this important business,” Blair Badham, managing director at Lafayette Square, said. “Continuing medical education is a rapidly evolving field, especially following the pandemic, and varying state requirements and a multitude of medical specialties make this a dynamic middle market investment environment.”
“The Lafayette Square team has been a great fit for us as we continue to implement our growth plans for Med Learning Group,” Cam McDavid, vice president at DW Healthcare Partners, the lead sponsor on the deal, said. “Their ability to provide flexible capital as we invest in lower middle market, highly specialized businesses sets them apart from other lenders in this space.”
“Lafayette Square has been a fantastic partner for us as we augment our program offerings and reach a larger set of medical professionals,” Matt Frese, president of MLG, said.
