Greybull sell Summit Professional Education to Avathon Capital

Private Equity Wire

Private investment firm Greybull Stewardship has sold health professional education provider Summit Professional Education to Avathon Capital. Financial terms of the transaction were not disclosed.

Greybull acquired the company in 2014. Greybull said that Summit had shifted from its sole offering of in-person courses to include live streams, live webinars, online courses and podcasts, and that the company grew EBITDA by 600%.

Summit was founded in 2004 and provides continuing and professional education courses for physical therapists, occupational therapists and speech language pathologists.

Houlihan Lokey served as financial advisor to Summit.

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