Graycliff Announces Credit Follow-On Investment in Guidewell Education
Graycliff Partners LP announced that it has completed a follow-on unitranche debt and minority equity investment in Guidewell Education, a provider of best in-class college admissions counseling, test prep, academic tutoring, and other educational services for students in the US and UK. The investment supported Atlanta-based private equity firm Eagle Merchant Partners' acquisition of Guidewell.
Founded in 2006 and headquartered in Sacramento, CA, Guidewell provides a full suite of premium academic services to over 20,000 students annually, from third grade through the graduate level. Guidewell serves both individuals and schools, offering end-to-end support by engaging with students and their families throughout each stage of the academic journey.
“We are excited to partner with Graycliff on this transaction,” said Drew Foster, Vice President at Eagle Merchant Partners. "They were flexible and collaborative throughout the process and closed quickly. We have built a strong relationship with Graycliff and look forward to working with them in the future."