TCB Recaps Porter & Chester

Thoma Cressey Bravo has sponsored a recapitalization of Porter & Chester Institute Inc., an operator of postsecondary institution providing technical, business and health related occupational preparation in Connecticut and Massachusetts. No financial terms were disclosed for the deal, which was done in partnership with Porter & Chester management. The Bank of Montreal served as agent and lead arranger of the transaction's debt financing package. www.porterchester.com