AmeriTech College Receives $6.8M from Main Street

AmeriTech College Operations, a Salt Lake City, Utah-based for-profit college that provides healthcare training programs, has received $6.8m in first lien, senior secured debt from Main Street Capital Corporation (NYSE: MAIN).

Main Street’s investment provides growth financing to expand the school’s healthcare programs and its development of baccalaureate degree programs.

AmeriTech is a private college focused on providing healthcare training programs such as nursing, medical assisting, medical billing and coding, surgical technicians, and dental assisting. The company is accredited with the Department of Education and nationally accredited with specialty healthcare education accrediting agencies.
It operates through two traditional campuses located in Draper, Utah, and Provo, Utah, and online programs, offering both associate degrees as well as diplomas.

FinSMEs

15/03/2012

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