ORIX Corporation USA’s Growth Capital Business Invests in Everspring
ORIX Corporation USA’s (OCU) Growth Capital business recently completed a debt financing for Everspring, a provider of education technology and service solutions for higher education.
“Everspring has built a strong business through delivering high-quality EdTech solutions to its valued partners for more than 10 years,” said Austin Szafranski, Director of OCU’s Growth Capital business. “We are impressed with Everspring’s team and their deep industry expertise. Everspring’s partnership with top universities is a testament to their deep industry knowledge and market position. We are proud to partner with Everspring and support their continued growth.”
“We are excited to partner with ORIX USA to support Everspring’s next phase of growth,” said Ted Unger, Chief Financial Officer of Everspring. “ORIX USA’s support will allow us to meet the growing demand for the digital delivery of higher education and continue to generate outstanding outcomes for our university partners.”
ABOUT OCU’s GROWTH CAPITAL BUSINESS
OCU’s Growth Capital business specializes in designing highly customized financing solutions for high-growth companies with investments starting around $5 million with the capacity to grow up to $100 million. The team has committed over $2.5 billion to more than 195 companies. The Growth Capital business is a unit of ORIX Corporation USA (ORIX USA), a Dallas-based financial services firm known for providing innovative capital solutions that clients need to propel their business to the next level. With more than 1,300 employees spanning across the U.S. and Brazil, ORIX USA and its family of companies have $85.2 billion in assets, which include $27.2 billion of assets under management, $46.9 billion in servicing and administration assets, and $11 billion in proprietary assets, as of August 2022. Its parent company, ORIX Corporation, is a publicly owned international financial services company with operations in 28 countries and regions worldwide. ORIX Corporation is listed on the Tokyo (8591) and New York Stock Exchanges (IX).
Everspring is a leading provider of education technology and service solutions for higher education. Our advanced technology, proven marketing approach, and robust faculty support and instructional design services deliver outstanding outcomes for our university partners, powering their success online. Everspring offers a range of full-service turnkey solutions, as well as standalone fee-for-service offerings, and innovative self-service products that enable universities to establish themselves as leaders in the digital delivery of higher education. Based in Chicago, Everspring serves a growing number of colleges and universities, nationwide. For more information visit: https://www.everspringpartners.com.
All trademarks and logos noted are property of their respective owners and no endorsement or association of or with ORIX USA or its affiliates is intended or implied.
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