The Company refinanced existing debt and issued a cash dividend to shareholders.
The Company is a global software solutions company specializing in learning and performance products. The Company’s products support mission-critical business applications by providing solutions that increase employee productivity and proficiency.
Invests in four primary sectors: business services, general industrial, health care and technology/telecommunications.
Pendo Advisors, LLC served as independent financial advisor to the board of directors of the Company and provided a solvency opinion in connection with the transaction.