WhiteHorse Capital Provides Financing to Support Renovus Capital Partners’ Acquisition of EducationDynamics, LLC

CHICAGO – October 18, 2021 – WhiteHorse Capital, the direct lending affiliate of H.I.G. Capital, a leading global alternative assets investment firm with over $45 billion of equity capital under management, provided a Revolver, First Lien Term Loan, Delayed Draw Term Loan, and Equity Co-investment to support Renovus Capital Partners’ acquisition of EducationDynamics, LLC.

“The WhiteHorse Capital team was a great financial partner throughout the transaction, and we were pleased with their ability to move quickly. We look forward to continuing our partnership,” said Atif Gilani, Founding Partner at Renovus Capital Partners.

John Yeager, Managing Director at WhiteHorse Capital, added, “We are excited to partner with Renovus Capital Partners and to continue working with the management team at EducationDynamics as they execute their growth strategy.”

About EducationDynamics, LLC
Founded in 2005 and headquartered in Hoboken, New Jersey, EducationDynamics, LLC partners with colleges and universities to help find qualified prospective students and meet enrollment objectives through their two primary business lines, prospect delivery and enrollment management services. For more information, please visit www.educationdynamics.com.

About Renovus Capital Partners
Founded in 2010, Renovus Capital Partners is a private equity firm specializing in the Knowledge and Talent industries. Renovus, based in the Philadelphia area, manages $1 billion across several investment vehicles. The firm’s current portfolio includes over 20 U.S. based businesses specializing in educational technology and content, higher education, corporate learning and development, healthcare services and technology services. Renovus typically partners with founder led businesses, leveraging its industry expertise and access to debt and equity capital to make operational improvements, pursue tuck-in acquisitions and oversee strategic growth initiatives. More information can be found at www.renovuscapital.com.

About WhiteHorse Capital
WhiteHorse is the direct lending affiliate of H.I.G. Capital, a leading global alternative investment firm with over $45 billion of equity capital under management.* WhiteHorse provides debt financing to middle market companies across a broad range of industries, including Telecom, Media and Technology, Healthcare, Business Services and Financial Services. WhiteHorse has a broad investment mandate and provides senior and subordinated debt for refinancings, growth capital, acquisitions, buyouts, and balance sheet recapitalizations. WhiteHorse professionals, across the U.S. and Europe, have extensive experience and a proven track record of providing creative financing structures and employing a long term relationship oriented portfolio management philosophy.

* Based on total capital commitments managed by H.I.G. Capital and affiliates.