ASGARD Partners & Co. Advises Global Knowledge Training on $10 Million Receivables Facility
NEW YORK, Dec. 14, 2018 /PRNewswire/ -- ASGARD Partners & Co. ("ASGARD") is pleased to announce that is has advised Global Knowledge Training LLC ("Global Knowledge"), the worldwide leader in IT and business skills training, on its $10 million receivables facility.
Bob Kalainikas, CFO of Global Knowledge, stated, "The receivables facility helps us optimize our working capital cycle and also fund continued growth. We would like to thank ASGARD for their hard work in structuring the facility and driving it to a successful closure."
"We are very pleased to have the opportunity to help Global Knowledge as it continues to further build on its leadership position in the global IT and business skills training market. This facility will provide additional working capital for Global Knowledge to invest in its world class on-line training programs. It's been a pleasure to work with Bob and his outstanding team," said Joseph Adipietro, Managing Director and Co-Head of the Advisory Group at ASGARD.
About ASGARD:
ASGARD Partners & Co. is a next generation financial firm combining capital markets advisory and private equity investments into one platform to better and more effectively serve portfolio companies, clients and investors. ASGARD believes business is a powerful platform that can change the world for the better and is committed to serving entrepreneurs, companies, and investors that share this belief. The partners at ASGARD have collectively arranged and advised on more than $100 billion in transactions and have proven expertise across a wide spectrum of advisory services. ASGARD brings multi-functional capabilities to its clients and enables them to navigate their capital and growth decisions effectively. For more information, visit https://asgardpartners.com.
About Global Knowledge Training:
Global Knowledge is the worldwide leader in IT and business skills training. Headquartered in Cary, NC, Toronto, Canada and Wokingham, UK, the company delivers IT and business training courses to over 300,000 people every year in over 100 countries via training centers, private facilities and online. Global Knowledge is an authorized training partner for many of the world's most recognized technology companies including Amazon Web Services, Cisco, Google, IBM, ITIL®, Microsoft, Red Hat® and VMware.
All private placements of securities are offered through, VENTURE.co Brokerage Services LLC Member: FINRA/SIPC. ASGARD Partners & Co., LLC and VENTURE.co are independent and not affiliated. None of the aforementioned firms provide legal, tax or investment advice and are not authorized to do so. Information about any securities offering should not be considered complete and is qualified by the full offering documents corresponding to a particular project financing. This email does not constitute an offer of, or the solicitation of an offer to buy or subscribe for, any securities to any person in any jurisdiction to whom or in which such offer or solicitation is unlawful. All communications by ASGARD Partners & Co., LLC and VENTURE.co or any of its directors, officers, employees, representatives, affiliates or agents, are modified by the Terms of Use and Privacy Policy posted on the website at ASGARD Partners & Co., LLC and VENTURE.co.
SOURCE ASGARD Partners & Co.
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