AEA Private Debt Leads First Lien Credit Facility to Support Falfurrias Capital Partners' Refinancing of Training The Street

NEW YORK, May 28, 2025 /PRNewswire/ -- AEA Investors' Private Debt group ("AEA Private Debt"), a leading provider of private credit to the middle market, today announced that it served as Administrative Agent, Joint Lead Arranger, and Joint Bookrunner for a first lien credit facility in support of the refinancing of Training The Street ("TTS" or the "Company"), a portfolio company of Falfurrias Capital Partners ("FCP").

Headquartered in Charlotte, NC, Training The Street is a leading global provider of accounting, capital markets, financial modeling, and corporate valuation training. The Company's clients include institutions like investment banks, asset managers, private equity firms, consulting firms, and universities, as well as individual learners pursuing careers in finance. With its robust team of expert instructors and deep practical experience, TTS currently serves over 425 corporate clients, 3,500 self-study clients, and 100 universities.

"Training The Street has earned a reputation as a provider of choice with a range of effective, flexible training solutions, enabling the Company to establish an attractive client base that is diversified both by user type and geography," said Jeff Schmidt, Principal at AEA Private Debt. "We are thrilled to partner with FCP to support TTS's growth and are pleased to further expand on our relationship."

Reflective of AEA Private Debt's partnership-oriented approach, this financing marks the second transaction the team has completed in support of FCP over the past year.

"AEA has been a terrific partner, and we appreciate their ability to provide a swift, thoughtful financing solution in support of Training The Street," said Katie-Rose Austin, Vice President at FCP. "TTS is well positioned for growth and success, and we look forward to our continued collaboration with the AEA Private Debt team."

About AEA Private Debt
AEA Private Debt makes senior debt, unitranche, junior debt, and equity co-investments in leading middle market companies across a broad range of industries and end markets. AEA Private Debt's team of experienced professionals partners with private equity firms, family offices, and entrepreneur-backed companies to provide financing solutions in support of leveraged buyouts, recapitalizations, add-on acquisitions, refinancings, and other similar capital needs. Since inception in 2005, AEA Private Debt has invested over $8.5 billion across more than 425 transactions.

AEA Private Debt is part of AEA Investors ("AEA"), which was founded in 1968 by the Rockefeller, Mellon, and Harriman family interests and S.G. Warburg & Co. as a private investment vehicle for a select group of industrial family offices with substantial assets. AEA has an extraordinary global network built over many years which includes leading industrial families, business executives, and leaders, many of whom invest with AEA as active individual investors, join its portfolio company boards, or act in other advisory roles. Today, AEA's over 120 investment professionals operate globally with offices in New York, Stamford, Jacksonville, San Francisco, London, Munich, and Shanghai. The firm manages funds that have approximately $18 billion of invested and committed capital including the leveraged buyouts of middle market and small business companies, growth capital, and private debt investments. For more information, visit www.aeainvestors.com.

About Training The Street
Training The Street is the world's leading provider of courses in accounting, asset management, capital markets, financial modeling, corporate valuation, and data science training to investment banks, financial institutions, consulting firms, federal government agencies, law firms, business schools, and top colleges. With offices in the financial hubs across the U.S., as well as London and Hong Kong, TTS boasts a deep field of expert instructors and extensive practical experience.

Currently, TTS is offering live and virtual training programs to interns and full-time hires at over 425 banks and corporate businesses, including 9 of Wall Street's 10 largest banks. Additionally, TTS leads workshops at more than 100 academic clients, including the top business schools globally. For more information, please visit www.trainingthestreet.com.

About Falfurrias Capital Partners
Falfurrias Capital Partners is an operationally focused middle-market private equity fund focused on investing in growth companies in the government and business services, food manufacturing, and industrial technology sectors. The team is comprised of investors and proven operators, as well as in-house resources across strategy & market insights, risk & integration, talent, and technology. The fund is managed by Falfurrias Management Partners, a Charlotte-based private equity firm founded in 2006 by Hugh McColl Jr., former chairman and CEO of Bank of America; Marc Oken, former CFO of Bank of America; and Managing Partner Ed McMahan. The firm has raised $3.6 billion across seven funds and invests in growing, middle-market businesses in sectors where the firm's operational resources, relationships, and sector expertise can be employed to complement portfolio company executive teams in support of growth objectives. For more information, visit www.falfurrias.com.

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SOURCE AEA Investors