Small Co-Invest Opportunity in Profitable Education Niche Platform

We have a small amount of remaining allocation available in a recently completed lower middle market investment. The company operates in a resilient education niche and has recurring revenue, high margins, strong profitability, >$2 million of EBITDA and a long operating history. We acquired the business at under 5.0x EV/EBITDA with what we believe is a very attractive structure, including meaningful seller rollover and strong downside protection