Edmentum Raises $25m In Debt To Escalate Growth



Via News Release

“Minneapolis, MN; April 10, 2018 – Edmentum, a global education leader and a pioneer in online teaching and learning solutions, has raised $25 million in incremental financing from New Mountain Finance Corporation and Tennenbaum Capital Partners.

The financing will allow the extension of the company’s debt maturity and comes at a time of escalating growth, perpetuated by well-performing Edmentum programs under the leadership and vision of CEO Jamie Candee.”