Leonis Principal, Inc. (d/b/a “Leonis Partners”) and The Jordan Edmiston Group, Inc. (d/b/a “JEGI CLARITY,” and together with Leonis Partners, the “Parties”) have entered into a proposed combination agreement (the “Transaction”). The Transaction is subject to approval by the Financial Industry Regulatory Authority (“FINRA”) and in the UK by the Financial Conduct Authority (“FCA”). The Parties will continue to be two distinct entities and businesses until the Parties obtain FINRA's and the FCA's approval of, and close, the Transaction. Click here for more information.
Financing a leading national provider of care, education and associated professional training apprenticeships
Sovereign backed the management team with fresh capital to focus the offering on the growing care and education markets
Date:April 2022
Deal Type:Other
Role:Debt Advisory
Sectors:
Other
JEGI CLARITY have advised Sovereign on their debt raise to support their investment in Paragon Skills.
Paragon Skills is a growing national apprenticeship provider rated ‘Good’ by Ofsted. The company currently supports over 7,000 learners annually and works with more than 2,000 businesses to deliver apprenticeships in a high-quality, consistent way.
The business won ‘Care apprenticeship provider of the year 2021/22’ and ‘Rate my Apprenticeship training provider of the year 2020/21′, voted for by apprentices.
