Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of TPC Training, along with the complementary acquisition of JADE Learning by private equity sponsor Frontenac.
Based in Buffalo Grove, IL, TPC offers in-person and online technical, maintenance and operator training solutions that enable businesses to develop a more efficient, capable and safe workforce.
JADE is a provider of continuing education training, serving the electrical code, electrical safety and security alarm segments. Together, TPC and JADE have more than 80 employees and deliver services in all 50 states to a diverse base of customers.
