CapX supports Fusion Academy's expansion plans with $15 million loan
Fusion Academy & Learning is an accredited, alternative private school with 28 centers located across the country. A for-profit institution, Fusion's management team is focused on growing its nationally recognized portfolio of private learning centers. To support Fusion's new learning center expansion and growth capital needs, CapX provided a customized $15 million senior term loan.
“We are extremely pleased about our new partnership with CapX Partners. As our new lender, the CapX team will be true supporters of our vision and growth. They also did a great job completing the entire loan process within an efficient timeframe. The additional capital along with the significant operating and financial experience of the CapX team creates exciting opportunities for Fusion as we remain focused on building quality schools and maintaining the highest level of service for our students and families," stated David Martin, CFO, Fusion Academy.