General Assembly
A pioneer in for-profit professional education and career transformation, specializing in today’s most in-demand skills.
Investors
Major VCs including Advance/Newhouse, IVP, Maveron and Wellington Management
Total Commitment
$32.5 million
Structure
Senior secured term loans
Use of Proceeds
- Growth capital
- Refinancing of existing bank facilities
Alignment Role
Joint lender with Prudential Financial
Alignment Value-Add
Assisted in establishing a strategic partnership with, and attracting a strategic investment from Guardian Life Insurance Company of America
Key Features
- Multi-tranche term loan facilities tailored to business and capital structure objectives
- Interest-only structure with no mandatory amortization and low ongoing debt service costs