The CE Shop receives $110M loan backing LBO by Waud Capital

The CE Shop Inc. (CES) received a $110 million senior secured credit facility backing a buyout by Waud Capital Partners, market sources said today. MidCap Financial was administrative agent, sole lead arranger and sole bookrunner.

Proceeds will support the company's acquisitions and expansion into new markets, a statement from the companies on Dec. 22 said.

CES, based in Colorado, provides online compliance-driven professional education.