Avante Mezzanine Partners Announces Investment in Learner’s Edge Inc.

Los Angeles, California – Avante Mezzanine Partners announced today that it has provided unitranche debt and an equity co-investment to support the investment in Learner’s Edge Inc. (“LEI”) by Stone-Goff Partners and LEI’s founders. Headquartered in Minneapolis, Minnesota, LEI offers professional development and continuing education graduate credit courses to thousands of teachers at an affordable price. Founded by teachers, Learner’s Edge helps teachers grow their skills and knowledge base, enhance their classroom instruction, and ultimately increase student achievement.

“Avante was an ideal partner for this investment,” said Hannah Craven, Managing Partner of Stone-Goff Partners. “They added significant value throughout due diligence and were unique in their ability to connect us with industry experts and proprietary research. Additionally, their ability to provide unitranche and equity made the financing process simple, quick, and efficient. We look forward to working with them again in the future.”

“We are excited to partner with Stone-Goff to help finance their investment in Learner’s Edge,” said Natasha Fox, Partner at Avante. “Learner’s Edge is an industry leader in continuing education for teachers with a broad, relevant and effective course offering and an outstanding management team. We look forward to supporting Stone-Goff and management as they continue to grow the business.”

“Once again, our ability to add value beyond providing capital differentiated us from other financing sources,” said Ivelisse Simon, Principal at Avante. “Learner’s Edge is an established and successful business with compelling growth prospects, and we are thrilled to be an investor in the company.”