Alignment Credit provides $5.0 million in credit facilities to Apptricity, Inc.

New York, NY — Alignment Credit acted as lead arranger and administrative agent on the funding of senior credit facilities to support the growth plan for Apptricity, Inc.

Headquartered in Dallas, TX, Apptricity (https://www.apptricity.com/) is a provider of Internet of Things and SaaS solutions for Supply Chain and HR Spend Management. The company generates revenue through a combination of software license sales, custom hardware sales, maintenance fees and professional services provided to blue-chip enterprise and government clients, including AT&T, The U.S. Army, U.S. Courts, and Verizon.

Alignment Credit provides $10.0 million in credit facilities to Larada Sciences, Inc.

New York, NY — Alignment Credit acted as lead arranger and administrative agent on the funding of senior credit facilities to support the refinancing and growth plan for Larada Sciences, Inc. (d/b/a Lice Clinics of America)

Larada (https://liceclinicsfranchise.com/) manages the largest network of over 300 franchised professional head lice urgent care clinics in over 30 countries that offer treatments using an FDA-cleared and patented hot air device. Larada also markets pesticide-free topical OTC lice treatment products under the Lice Clinics of America® brand distributed through select retailers and Amazon.

Alignment Credit exits the loan to General Assembly Space, Inc.

New York, NY — Alignment Credit exits the loan to General Assembly Space, Inc. as part of the company’s sale to the European human resources services company Adecco Group. (https://techcrunch.com/2018/04/15/new-yorks-programming-ed-tech-startup-general-assembly-sells-to-adecco-for-413-million/)

General Assembly (www.generalassemb.ly/) is a private, for-profit education organization founded by CEO Jake Schwartz, Adam Pritzker, Matthew Brimer, and Brad Hargreaves in early 2011. It maintains campuses in numerous countries throughout the world to teach entrepreneurs and business professionals practical technology skills.

Alignment Credit and Prudential Impact Investments provide $25 million senior secured term loan financing to General Assembly Space, Inc.

New York, NY — Alignment Credit exits the loan to General Assembly Space, Inc. Alignment Credit partners with Prudential Impact Investments provide a senior secured term loan to General Assembly. Alignment Credit acted as lead arranger and administrative agent.

General Assembly (www.generalassemb.ly/) is a private, for-profit education organization founded by CEO Jake Schwartz, Adam Pritzker, Matthew Brimer, and Brad Hargreaves in early 2011. It maintains campuses in numerous countries throughout the world to teach entrepreneurs and business professionals practical technology skills.