October 24, 2014 – Cypress, CA – Announced last week via media release, Monroe Capital LLC has acted as the sole lead arranger and administrative agent on the funding of a $35 million senior credit facility, supporting the recapitalization of Trident University International (Trident) by a Northeast-based private equity sponsor.
Trident currently serves over 12,000 students and is regionally accredited by the Western Association of Schools and Colleges (WASC).
The publicly traded Monroe Capital LLC, based in Chicago, Illinois, is a leader in middle market investment community. The firm employs over 40 investment professionals with an average of 15 years of experience each. Monroe has been recognized by Global M&A Network as the 2013 Small Mid Market Lender of the Year and by Private Debt Investor as the 2013 Unitranche Lender of the Year.
About Trident University
Founded in 1998, Trident University International (Trident) is a leading online post-secondary university serving adult learners. Trident developed the Trident Learning Model, which employs case-based learning in an online setting to teach real-world relevant critical thinking skills to enhance student’s lives and careers. Trident offers high-quality bachelors, masters, and doctoral degree programs, led by a qualified faculty team, over 80% of whom have doctoral degrees. Visit www.trident.edu Trident’s Facebook page, or call at to learn more about Trident’s wide range of program offerings.