Silverchair and Essential Learning close on debt facilities with Silicon Valley

 
Client News
June 19, 2012

 

has obtained
Senior Credit Facilities
to acquire

And

May 2012
Provided by:

 

 

About Silicon Valley Bank
Silicon Valley Bank provides a comprehensive suite of financing solutions, treasury management, corporate investment and international banking services to its clients worldwide. Through its focus on specialized markets and extensive knowledge of the people and business issues driving them, Silicon Valley Bank provides a level of service and partnership that measurably impacts its clients' success. Founded in 1983 and headquartered in Santa Clara, Calif., the company serves clients around the world through 27 U.S. offices and international operations in China, India, Israel and the United Kingdom. Silicon Valley Bank is a member of global financial services firm SVB Financial Group (Nasdaq: SIVB), with SVB Analytics, SVB Capital, SVB Global and SVB Private Client Services. More information on the company can be found at www.svb.com.

About Silverchair Learning Systems
Silverchair Learning Systems works with senior care leaders who want to improve the training process in their organizations. Silverchair Learning offers a user-friendly online training solution that improves compliance and eliminates record keeping headaches, while saving time and money. SLS training content is developed in collaboration with leading national and state associations and subject matter experts, which provides clients with up-to-date curricula on a variety of key topics relevant to operating senior care facilities. The assignment, tracking and reporting features of the Company's integrated LMS enable senior care organizations to automate and simplify training management overall, freeing up personnel to focus on driving strategic business value through e-learning, and to document compliance with many of the requirements of funding and regulatory bodies. Using this system provides peace of mind and confidence. More information on the company can be found at www.silverchairlearning.com.

About Essential Learning
Essential Learning was founded in 2002 by former healthcare executives with extensive clinical and administrative experience in the behavioral health industry. Essential Learning has grown to become the leading provider of interactive e-learning solutions to behavioral and community health, substance abuse, corrections, developmental disability and child welfare service organizations throughout North America. Essential Learning's solutions address the training and continuing education needs of its clients that range from less than 10 to over 10,000 employees. More information on the company can be found at www.essentiallearning.com.

About Vista Equity Partners
Vista, a U.S.-based private equity firm with offices in San Francisco, Chicago, and Austin, currently invests over $6.6 billion in capital committed to dynamic, successful technology-based organizations led by world-class management teams with long-term perspective. Vista is a value-added investor, contributing professional expertise and multi-level support towards companies realizing their full potential. Vista’s investment approach is anchored by a sizable long-term capital base, experience in structuring technology-oriented transactions, and proven management techniques that yield flexibility and opportunity in private equity investing. More information on the firm can be found at www.vistaequitypartners.com.