Aspen Group, Inc.

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Aspen Group, Inc.
For more information regarding this transaction contact:
  • Rob Martin Investment Banking 612.260.5850

Lake Street is pleased to announce it served as the sole placement agent for Aspen Group, Inc. (NasdaqCM:ASPU), a leading for-profit, online university, for its $10 million senior secured credit facility with Runway Growth Credit Fund, one of the leading financial institutions focused on growth financing. Runway Growth Credit Fund (formerly known as GSV Growth Credit Fund) specializes in providing capital to rapidly growing companies, and its principals have deep expertise in the education sector. 

About Aspen Group, Inc. (NasdaqCM:ASPU)

Aspen Group, Inc. is a post-secondary education company. Aspen University's mission is to offer any motivated college-worthy student the opportunity to receive a high quality, responsibly priced distance-learning education for the purpose of achieving sustainable economic and social benefits for themselves and their families. Aspen is dedicated to providing the highest quality education experiences taught by top-tier faculty; 54% of Aspen University's faculty hold doctoral degrees. To learn more about Aspen, visit www.aspen.edu.

Contact

Mike Townley
Head of Investment Banking

612.326.1313

Email Mike
 

Dave McDonald
Head of Life Science Investment Banking

612.326.1268

Email Dave

 

Tim Klein

Investment Banking

612.260.6173

Email Tim

 

Rob Martin

Investment Banking

612.260.5850

Email Rob

 

Steve Rickman

Investment Banking

612.326.1985

Email Steve