American Sentinel announced $9MM PE transaction

Nashville- and Vanderbilt University-linked American Sentinel University announced a $9 million growth equity investment. VNC reported on ASU's D-round earlier. Capstone Partners LLC (Boston) acted as sole placement agent in the transaction, in which the University issued $9.0 million of new Preferred Stock. American Sentinel University, founded as a Vanderbilt University Technology Company, is an online university. Capstone's release is here.