Le Lézard
Classified in: Environment, Science and technology
Subject: Business Update

360training Refinances Existing Credit Facilities


360training ("the Company"), a leading provider of online training and continuing education to regulated industries, today announced that it has refinanced its existing credit facilities to help further support the Company's rapid growth and acquisition strategy.

As part of the refinancing, Apogem Capital, Churchill Asset Management, and Crescent Capital will now serve as the Company's three primary lenders and will work closely with 360training's equity partners, GreyLion and Vestar Capital Partners. The refinancing features a significant expansion of 360training's committed, undrawn "delayed draw" term loan facility to support the continued execution of its successful M&A strategy.

Tom Anderson, Chief Executive Officer of 360training, said, "The refinancing of our existing credit facilities provides us with more flexibility to scale our platform and enables us to aggressively pursue acquisitions as an acquirer of choice. We greatly appreciate the support that we have received from Apogem, Churchill, and Crescent and believe they will serve as valuable strategic resources alongside our longstanding equity partners, GreyLion and Vestar."

360training has completed over 13 acquisitions since 2010.

About 360training

360training is an integrated digital training and compliance platform for highly regulated industries. Through a unique combination of differentiated technology and deep regulatory expertise, 360training enables professionals to attain jobs and maintain industry-mandated requirements while helping organizations develop their workforces and remain compliant. 360training's robust, proprietary content library offers over 6,000 courses across major business verticals: Environment Health & Safety, Food & Beverage, Real Estate, Healthcare, Financial Services and more.

Since 1997, 360training.com, Inc. has delivered over 11 million training plans across multiple brands, including HIPAA Exams, Meditec, AgentCampus, VanEd, TIPS, OSHAcampus, OSHA.com, and Learn2Serve. Please visit www.360training.com or their social media accounts on Facebook, Twitter, and LinkedIn to learn more.


These press releases may also interest you

at 17:45
GreenPower Motor Company Inc. ("GreenPower" or the "Company"), a leading manufacturer and distributor of purpose-built, all-electric, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and...

at 17:30
NextDecade Corporation (NextDecade or the Company) today provided an update on developmental and strategic activities for the first quarter 2024 and early second quarter 2024. CEO Commentary "Construction of Phase 1 at the Rio Grande LNG...

at 17:05
Microvast Holdings, Inc. ("Microvast" or the "Company"), a technology innovator that designs, develops and manufactures lithium-ion battery solutions, today announced unaudited condensed consolidated financial results for the first quarter ended...

at 16:45
Every year, millions of moms are celebrated on Mother's Day. But Pennington, a leading lawn and garden brand in the Central Garden & Pet Company portfolio, is hoping to bring an underappreciated type of mother into the spotlight: Plant Moms. Many...

at 16:35
ESAB Corporation ("ESAB" or the "Company") , a focused premier industrial compounder, announced today that its Board of Directors has declared an increased quarterly cash dividend of $0.08 per share of the Company's common stock. The dividend...

at 16:30
REX American Resources Corporation ("REX" or the "Company") , a leading ethanol production company, announced today that it will report its first quarter 2024 operational and financial results on Wednesday, May 22, 2024 pre-market and will host a...



News published on and distributed by: