Category: Press Release
NEW YORK, April 14, 2011 /PRNewswire/ — Golub Capital today announced that it has provided a GOLD financing to support the recapitalization of Vision Source L.P. (“Vision Source” or the “Company”) by Brazos Private Equity Partners (“Brazos”). GOLD financings are Golub Capital’s One-Loan Debt facilities.
Based in Kingwood, Texas and established in 1991, Vision Source provides its independent optometrist and dentist members unmatched purchasing power, professional and staff development, and practice management assistance while allowing them to maintain their independence. Vision Source practices cumulatively represent more than $1.7 billion of retail sales, making it the second largest optical network in the United States.
“We are excited to partner with Brazos and management to continue Vision Source’s strong track record of growth serving the independent optometrist channel,” commented Senior Managing Director Greg Cashman.
“This is our first transaction with Golub. They really impressed us with their ability to move quickly and deliver an aggressive one-stop financing,” noted Jeff Fronterhouse, Co-CEO and Co-Founder of Brazos. “Their no-outs, no flex commitment helped us differentiate our offer and win the confidence of the seller. After we were signed up, they worked hard to help us close quickly. We look forward to doing more deals with Golub in the future.”
About Golub Capital
With approximately $4.5 billion in capital, Golub Capital is a leading provider of financing solutions for the middle market, including one-loan financings (through the firm’s proprietary GOLD facility), senior, second lien, and subordinated debt, preferred stock and co-investment equity. The firm also underwrites and syndicates senior credit facilities up to $200 million. Golub Capital’s hold sizes range up to $75 million per transaction. Golub Capital is currently ranked by Thomson Reuters Loan Pricing Corporation as a top 3 Traditional Middle Market Bookrunner. Golub Capital was named “Middle Market Lender of the Year” by Buyouts Magazine for two years in a row in 2009 and 2010. The firm was also honored as “Debt Financing Agent of the Year” by M&A Advisor in 2010. Golub Capital is a national firm with offices in Chicago, New York and Atlanta. For more information, please visit the firm’s website at www.golubcapital.com.
About Brazos Private Equity Partners
Brazos Private Equity Partners is a Dallas-based private equity firm that manages approximately $1.4 billion of equity capital. Brazos focuses on investments in middle-market companies with enterprise values up to $500 million. Brazos seeks to partner with outstanding management teams and/or families of closely-held businesses to maximize value. Brazos has been one of the most active middle-market private equity investment firms over the past decade, having completed 56 acquisitions. Brazos has invested in a broad range of industries including healthcare services, distribution, consumer, business services, restaurants, financial services and manufacturing.
SOURCE Golub Capital
CONTACT: Greg Cashman, Senior Managing Director, +1-212-660-7270, [email protected]
NEW YORK, March 14, 2011 /PRNewswire/ — Golub Capital announced today that it acted as Joint Bookrunner and Syndication Agent on a senior credit facility used to support the recapitalization of Entrust Inc. (“Entrust” or the “Company”) by Thoma Bravo, LLC (“TB”), a leading middle market equity investment firm. Golub Capital worked closely with Wells Fargo Capital Finance (“WFCF”), part of Wells Fargo & Company (NYSE: WFC), who served as Joint Bookrunner and Administrative Agent, to close the transaction.
Headquartered in Dallas, TX, Entrust provides affordable, trusted solutions that secure digital identities and information for consumers, enterprises and governments in more than 4,000 organizations spanning 60 countries. Since 1994, Entrust software and associated services have enabled businesses and governments around the world to conduct high-value, highly sensitive transactions, over wired and wireless networks in compliance with today’s regulatory guidelines.
“With the number of phishing and malware attacks growing rapidly each year and costing consumers and corporations billions of dollars, the need for security solutions has never been stronger. Entrust is a proven leader in PKI technology, a universally accepted industry standard for securing online communications. In addition, the Company is rapidly emerging as a leader in the web fraud detection and risk based authentication markets,” stated Spyro Alexopoulos, a Golub Capital Principal.
“We are excited to partner with TB and believe their established software industry expertise enables the Company to successfully achieve its growth objectives,” Alexopoulos continued.
“As we considered the financing needs of the Company, we knew we needed partners who could offer a quick read and would reliably close on those terms. The software team from Golub demonstrated a thorough understanding of the security landscape, provided a quick read and delivered. In conjunction with WFCF, Golub provided the flexibility and efficiency that we were looking for,” said Seth Boro, a Partner at TB.
About Golub Capital
With $4.5 billion in capital, Golub Capital is a leading provider of financing solutions for the middle market, including one-loan financings (through the firm’s proprietary GOLD facility), senior, second lien, and subordinated debt, preferred stock and co-investment equity. The firm also underwrites and syndicates senior credit facilities up to $200 million. Golub Capital’s hold sizes range up to $75 million per transaction. Golub Capital is currently ranked by Thomson Reuters Loan Pricing Corporation as a top 3 Traditional Middle Market Bookrunner. Golub Capital was named “Middle Market Lender of the Year” by Buyouts Magazine for two years in a row in 2009 and 2010. The firm was also honored as “Debt Financing Agent of the Year” by M&A Advisor in 2010. Golub Capital is a national firm with offices in Chicago, New York and Atlanta. For more information, please visit the firm’s website at www.golubcapital.com.
Golub Capital Incorporated (and its various affiliates) creates and manages multiple private funds. One of its affiliates, GC Advisors LLC is an investment advisor registered with the United States Securities and Exchange Commission.
About Thoma Bravo, LLC
Thoma Bravo is a leading private equity investment firm that has been providing equity and strategic support to experienced management teams building growing companies for 30 years. The firm originated the concept of industry consolidation investing, which seeks to create value through the strategic use of acquisitions to accelerate business growth. Thoma Bravo applies its investment strategy across multiple industries with a particular focus on the software and services sectors. Since 2006, Thoma Bravo has completed more than 50 acquisitions across 17 platform companies with total annual earnings in excess of $1 billion. For more information on Thoma Bravo, visit www.thomabravo.com.
About Wells Fargo Capital Finance
Wells Fargo Capital Finance is the trade name for certain asset-based lending, accounts receivable and purchase order finance services of Wells Fargo & Company and its subsidiaries, and provides traditional asset-based lending, specialized senior secured financing, accounts receivable financing and purchase order financing to companies across the United States and Canada. Dedicated teams within Wells Fargo Capital Finance provide financing solutions for companies in specific industries such as retail, software publishing and high-technology, commercial finance, staffing, government contracting, timeshare development and others. For more information, visit wellsfargocapitalfinance.com.
SOURCE Golub Capital
CONTACT: Spyro Alexopoulos, Principal, +1-212-750-3791, [email protected]
NEW YORK, Nov. 9, 2010 /PRNewswire/ — Golub Capital today announced that it has provided a GOLD financing to support the refinancing of Market Track, LLC (“Market Track” or the “Company”) by Monitor Clipper Partners (“MCP”). GOLD financings are Golub Capital’s One-Loan Debt facilities.
Market Track is the leading provider of promotional ad-tracking and related pricing analysis services to retailers and consumer goods manufacturers. The Company’s services enable users to track print, online and email promotions and create customized reports based on selected product categories, brands, retailers, markets, and dates. Market Track, LLC was formed in 2004 through the merger of Advertising Processing, Inc. and Market Advantage, Inc. and has domestic offices in Chicago, Illinois and Saratoga Springs, New York.
“We are very excited to be completing our first deal with MCP, a leading middle market private equity firm as well as to be adding a great borrower to our portfolio. Through our diligence process, we came away impressed with Market Track’s strong market position, the depth and quality of its management team, as well as the differentiation of the Company’s product offering,” commented Principal Spyro Alexopoulos.
“The deal team at Golub Capital spent significant resources upfront to gain conviction around the opportunity and got us comfortable early on that they were going to deliver on the refinancing. Their solution oriented approach gave us the confidence to choose them as our long-term partner,” said David Sheffer, a Vice President at MCP.
“We were impressed with Golub’s desire to develop a deep understanding of our business and end markets. The intimate knowledge of the company’s vision attained in this process, including the integration of key acquisitions, enabled them to provide us the flexibility we needed to appropriately manage Market Track’s rapid growth,” added Wayne Mincey, Market Track’s CEO.
About Golub Capital
With over $4 billion in capital, Golub Capital is a leading provider of financing solutions for the middle market, including one-loan financings (through the firm’s proprietary GOLD facility), senior, second lien, and subordinated debt, preferred stock and co-investment equity. The firm also underwrites and syndicates senior credit facilities up to $200 million. Golub Capital’s hold sizes range up to $75 million per transaction. Golub Capital was ranked by Thomson Reuters Loan Pricing Corporation as the #1 Traditional Middle Market Bookrunner for 2009. For two years in a row, Golub Capital was named “Middle Market Lender of the Year” by Buyouts Magazine for achievements in 2009 and 2008. Other honors include being named “Debt Financing Agent of the Year” in June 2010 by M&A Advisor. Golub Capital is a national firm with offices in Chicago, New York and Atlanta. For more information, please visit the firm’s website at www.golubcapital.com.
Golub Capital Incorporated (and its various affiliates) creates and manages multiple private funds. One of its affiliates, GC Advisors LLC is an investment advisor registered with the United States Securities and Exchange Commission.
About Monitor Clipper Partners
MCP is an independent private equity firm formed in 1998. MCP pursues management buyouts and late stage growth equity investments. MCP is currently managing over $2.0 billion in capital in North America and Europe and seeks transactions in which it can invest between $15 million and $75 million of its capital. MCP has completed over thirty transactions in the last decade and has approximately 25 investment professionals spread between Cambridge, Massachusetts and Zurich, Switzerland
For more information, please contact Spyro Alexopoulos, Principal, at 212-750-3791 or [email protected].
SOURCE Golub Capital
NEW YORK, Sept. 15, 2010 /PRNewswire/ — Golub Capital today announced that it acted as the Sole Bookrunner and Administrative Agent for a $57.5 million senior secured credit facility to refinance and support the continued growth of The Competitor Group, Inc. (“Competitor Group” or the “Company”), a portfolio company of Falconhead Capital (“Falconhead”).
Headquartered in San Diego, CA, Competitor Group is the leading endurance media and event entertainment company dedicated to promoting the sports of running, cycling and triathlon. Competitor Group owns and operates 36 national endurance events that delivered more than 350,000 professional and amateur participants in 2010. Competitor Group publishes four magazine titles including VeloNews, Inside Triathlon, Triathlete Magazine, and Competitor Magazine with a combined monthly circulation of over 800,000. In addition, the Company holds a captive online endurance community at competitor.com delivering over 1.5 million monthly unique visitors and 25 million page views.
This is Golub Capital’s second deal with Falconhead. In 2006, Golub Capital provided financing to support the firm’s acquisition and growth of Extreme Fitness, Inc.
“We are pleased to be working with Falconhead again as we view them to be one of the premier middle market financial sponsors with a focus on leisure/entertainment businesses. We have been fans of Competitor Group and its management team since the Company was formed in 2007 and are excited to help the business grow both organically and through acquisition,” said Golub Capital Managing Director Charlie Riceman.
“It was important to us to move on an expedited timetable to craft a flexible financing solution to support Competitor Group’s growth plan. We thank the professionals at Golub for once again working with us to efficiently close this transaction,” said Brian Crosby, a Partner at Falconhead Capital.
About Golub Capital
With over $4 billion in capital, Golub Capital is a leading provider of financing solutions for the middle market, including one-loan financings (through the firm’s proprietary GOLD facility), senior, second lien, and subordinated debt, preferred stock and co-investment equity. The firm also underwrites and syndicates senior credit facilities up to $200 million. Golub Capital’s hold sizes range up to $75 million per transaction. Golub Capital was ranked by Thomson Reuters Loan Pricing Corporation as the #1 Traditional Middle Market Bookrunner for 2009. For two years in a row, Golub Capital was named “Middle Market Lender of the Year” by Buyouts Magazine for achievements in 2009 and 2008. Other honors include being named “Debt Financing Agent of the Year” in June 2010 by M&A Advisor. Golub Capital is a national firm with offices in Chicago, New York and Atlanta. For more information, please visit the firm’s website at www.golubcapital.com.
First Call Analyst:
FCMN Contact:
SOURCE: Golub Capital
CONTACT: Charlie Riceman, Managing Director, +1-212-660-7266,
[email protected]
NEW YORK, Aug. 26, 2010 /PRNewswire/ — Golub Capital today announced that it has provided a $46.1 million GOLD financing and an equity co-investment to support Rubio’s Restaurants, Inc. (“Rubio’s” or the “Company”) going private transaction with Mill Road Capital (“Mill Road”). GOLD financings are Golub Capital One-Loan Debt facilities.
Rubio’s owns and operates a regional chain of fast-casual Mexican restaurants, offering high-quality, prepared to order distinctive Mexican cuisine combined with freshly prepared seafood fare inspired by the Baja region of Mexico. The Company was founded in 1983 and went public in May 1999, trading on the Nasdaq under ‘RUBO’. Headquartered in Carlsbad, California, Rubio’s operates, licenses or franchises more than 200 restaurants in California, Arizona, Colorado, Utah and Nevada. More information can be found at www.rubios.com.
“Rubio’s is a great franchise with loyal customers and an attractive position in the fast casual space,” commented Senior Managing Director Greg Cashman. “We are excited to partner with management and Mill Road Capital to continue the Company’s growth.”
“Golub Capital was a real partner for us in the acquisition of Rubio’s. They provided a committed financing facility that allowed us to sign up the transaction when most other lenders were on the sidelines,” said Scott Scharfman, a Managing Director at Mill Road Capital. “Their deep knowledge and experience in the restaurant sector was critical to structuring a deal that worked for our growth plan.”
About Golub Capital
With over $4 billion in capital, Golub Capital is a leading provider of financing solutions for the middle market, including one-loan financings (through the firm’s proprietary GOLD facility), senior, second lien, and subordinated debt, preferred stock and co-investment equity. The firm also underwrites and syndicates senior credit facilities up to $200 million. Golub Capital’s hold sizes range up to $75 million per transaction. Golub Capital was ranked by Thomson Reuters Loan Pricing Corporation as the #1 Traditional Middle Market Bookrunner for 2009. For two years in a row, Golub Capital was named “Middle Market Lender of the Year” by Buyouts Magazine for achievements in 2009 and 2008. Other honors include being named “Debt Financing Agent of the Year” in June 2010 by M&A Advisor. Golub Capital is a national firm with offices in Chicago, New York and Atlanta. For more information, please visit the firm’s website at www.golubcapital.com.
Golub Capital Incorporated (and its various affiliates) creates and manages multiple private funds. One of its affiliates, GC Advisors LLC is an investment advisor registered with the United States Securities and Exchange Commission.
About Mill Road Capital
Mill Road Capital is an investment firm focused exclusively on investing in outstanding publicly-traded companies. Mill Road invests on behalf of a prominent international group of limited partners, including state pension funds, foundations, endowments and insurance companies. Mill Road has flexible, long-term capital and the ability to purchase shares in the open market, buy large block positions from existing shareholders, provide capital for growth or acquisition opportunities, or partner with management and sponsor going-private transactions. More information about Mill Road Capital can be found at www.millroadcapital.com.
First Call Analyst:
FCMN Contact:
SOURCE: Golub Capital
CONTACT: Greg Cashman, Senior Managing Director, +1-212-660-7270,
[email protected]
NEW YORK, July 22, 2010 /PR Newswire/ — Golub Capital today announced the recent completion of a $125 million senior secured credit facility for the refinancing of Syncsort Incorporated, a portfolio company of Insight Venture Partners. Golub Capital acted as the Sole Bookrunner and Administrative Agent for this financing.
Syncsort is a leading global software company providing high-performance software solutions for data management and data protection. Using patented technology, the Company’s mission-critical data management and data protection solutions improve data warehouse processing speed, database loads, query performance, and back-up and protect data in distributed environments, the framework for client/server applications.
“We are extremely pleased to have represented Insight and Syncsort in this refinancing process. Syncsort is an extremely attractive company with a stable core business and exciting growth prospects. This represents our 4th transaction with Insight and we look forward to supporting them on future transactions,” said Golub Capital Senior Managing Director Andy Steuerman.
“Golub is one of the leading middle-market software lenders and their ability to have structured a transaction that simultaneously met the needs of the Company and the needs of the markets allowed us to efficiently close this transaction. The Golub team provided excellent execution even while the credit markets were turbulent during this process. Consistent with our past experiences, the professionals at Golub delivered what they promised upfront,” said Deven Parekh, a Managing Director at Insight Venture Partners.
About Golub Capital
With over $4 billion in capital, Golub Capital is a leading provider of financing solutions for the middle market, including one-loan financings (through the firm’s proprietary GOLD facility), senior, second lien, and subordinated debt, preferred stock and co-investment equity. The firm also underwrites and syndicates senior credit facilities up to $200 million. Golub Capital’s hold sizes range up to $75 million per transaction. Golub Capital was ranked by Thomson Reuters Loan Pricing Corporation as the #1 Traditional Middle Market Bookrunner for 2009. For two years in a row, Golub Capital was named “Middle Market Lender of the Year” by Buyouts Magazine for achievements in 2009 and 2008. Other honors include being named “Debt Financing Agent of the Year” in June 2010 by M&A Advisor. Golub Capital is a national firm with offices in Chicago, New York and Atlanta. For more information, please visit the firm’s website at www.golubcapital.com.
About Insight Venture Partners
Founded in New York in 1995, Insight Venture Partners is a leading growth-oriented, entrepreneur-focused private equity and venture capital firm focused on expansion and late stage investments in the global software, Internet and data services industries. Insight’s team is composed of experienced investors and operating executives with more than 150 years of collective experience in its focal industries. With over $3 billion raised since inception and a large network of technology experts, Insight provides strong support to its portfolio companies. In 2009 Insight was named among the Top Ten VCs Globally by Red Herring Magazine. Since inception, Insight has exited more than 50 portfolio companies including 16 IPOs. For more information about Insight, please go to www.insightpartners.com.
First Call Analyst:
FCMN Contact:
SOURCE: Golub Capital
CONTACT: Andy Steuerman, Senior Managing Director, +1-212-660-7280 or
[email protected]
NEW YORK, May 27, 2010 /PRNewswire/ — Golub Capital today announced promotions of several deal professionals: Gregory A. Robbins and Sean K. Coleman to Managing Director; Spyro G. Alexopoulos and Robert G. Tuchscherer to Principal; and Jonathan R. Huitink to Vice President.
Gregory Robbins, Managing Director, has greatly contributed to the firm’s successes in middle market club investments. Mr. Robbins will focus efforts on building Golub Capital’s capital markets business, working closely with Jason Van Dussen who recently joined the firm as a Managing Director.
Sean Coleman, Managing Director, has been integral to the launch of Golub Capital BDC, Inc., an externally managed, closed-end, non-diversified management investment company. Golub Capital BDC, Inc. is publicly traded on the NASDAQ under the ticker symbol “GBDC.”
Spyro Alexopoulos and Robert Tuchscherer, Principals, and Jonathan Huitink, Vice President, will continue their roles in Golub Capital’s direct lending business by underwriting, originating and monitoring investments for the firm.
“I congratulate each of our professionals on their outstanding work. They have played a key role in the success of Golub Capital,” said Lawrence Golub, President of Golub Capital. “Their contributions and experience will help us to continue to meet our clients’ needs.”
About Golub Capital
With $4 billion in capital, Golub Capital is a leading provider of financing solutions for the middle market, including one-loan financings (through the firm’s proprietary GOLD facility), senior, second lien and subordinated debt, preferred stock and co-investment equity. The firm also underwrites and syndicates senior credit facilities up to $200 million. Golub Capital’s hold sizes range from $10 million to $75 million per transaction. Golub Capital was ranked by Thomson Reuters Loan Pricing Corporation as the #1 Traditional Middle Market Bookrunner for 2009. For two years in a row, Golub Capital was named “Middle Market Lender of the Year” by Buyouts Magazine for achievements in 2009 and 2008. Other honors awarded to Golub Capital include being named “2009 Mezzanine Financing Agent of the Year” and “2008 Financing Firm of the Year” by M&A Advisor and “2008 M&A Lender of the Year” by ACG’s Mergers & Acquisitions. Golub Capital is a national firm with offices in Chicago, New York and Atlanta. For more information, please visit the firm’s website at www.golubcapital.com.
Golub Capital Incorporated (and its various affiliates) creates and manages multiple private funds. One of its affiliates, GC Advisors LLC is an investment advisor registered with the United States Securities and Exchange Commission.
First Call Analyst:
FCMN Contact:
SOURCE: Golub Capital
CONTACT: Lawrence E. Golub, +1-212-660-7272, [email protected]
NEW YORK, April 23, 2010 /PRNewswire/ — Golub Capital today announced that it has provided $12.0 million of senior subordinated debt to support the recapitalization and ongoing growth of Integrated DNA Technologies, Inc. (“IDT”). This transaction marks the first investment made by GC 2009 Mezzanine Partners, L.P., which is Golub Capital’s sixth fund dedicated to middle market mezzanine debt financings. The fund targets attractive net returns by investing primarily in mezzanine and second lien debt investments in U.S. middle market companies.
Headquartered in Coralville, Iowa, IDT is the leading supplier of custom nucleic acids in the United States, serving academic, government, and commercial researchers in biotechnology, clinical diagnostics, and pharmaceutical development. IDT’s primary business is the manufacture of custom, synthetic DNA and RNA oligonucleotides and genes. Today, IDT synthesizes and ships an average of 36,000 custom oligos per day to more than 86,000 customers worldwide. IDT’s manufacturing locations include facilities in Coralville, Iowa; San Diego, California; and Leuven, Belgium.
“We are excited to have the opportunity to partner with the IDT management team and to begin a lending relationship with the Company,” commented Senior Managing Director Andrew Steuerman. “IDT has built its market leading position over the last 25 years by delivering exceptional product quality and building longstanding customer relationships.”
“This is our first time working with Golub Capital,” noted Dr. Joseph Walder, IDT’s founder and CEO. “The financing provided by Golub Capital will help ensure that IDT maintains a strong balance sheet and has the flexibility necessary to pursue our ambitious plans for the future.”
About Golub Capital
With $4 billion in capital, Golub Capital is a leading provider of financing solutions for the middle market, including one-loan financings (through the firm’s proprietary GOLD facility), senior, second lien and subordinated debt, preferred stock and co-investment equity. The firm also underwrites and syndicates senior credit facilities up to $200 million. Golub Capital’s hold sizes range from $10 million to $75 million per transaction. Golub Capital was ranked by Thomson Reuters Loan Pricing Corporation as the #1 Traditional Middle Market Bookrunner for 2009. For two years in a row, Golub Capital was named “Middle Market Lender of the Year” by Buyouts Magazine for achievements in 2009 and 2008. Other honors awarded to Golub Capital include being named “2009 Mezzanine Financing Agent of the Year” and “2008 Financing Firm of the Year” by M&A Advisor and “2008 M&A Lender of the Year” by ACG’s Mergers & Acquisitions. Golub Capital is a national firm with offices in Chicago, New York and Atlanta. For more information, please visit the firm’s website at www.golubcapital.com.
Golub Capital Incorporated (and its various affiliates) creates and manages multiple private funds. One of its affiliates, GC Advisors LLC is an investment advisor registered with the United States Securities and Exchange Commission.
First Call Analyst:
FCMN Contact:
SOURCE: Golub Capital
CONTACT: Andrew Steuerman, Senior Managing Director, +1-212-660-7280,
[email protected]
NEW YORK, April 7, 2010 /PRNewswire/ — Golub Capital is pleased to announce that Jason Van Dussen has joined the firm as Managing Director in its Capital Markets Group. In 2009, Golub Capital was ranked as the #1 Traditional Middle Market Bookrunner by Thomson Reuters Loan Pricing Corporation.
Mr. Van Dussen brings over 15 years of capital markets experience overseeing loan syndications, trading and structuring. Mr. Van Dussen was most recently a Managing Director and Head of Loan Sales for CIT and prior to that had comparable roles at FirstLight Financial Corporation and GE Capital.
“We are extremely pleased to welcome Jason to our team. Jason’s experience and long-standing relationships with our syndication and retail partners will add tremendous value to our capital markets efforts,” said Andy Steuerman, Senior Managing Director.
About Golub Capital
With $4 billion in capital, Golub Capital is a leading provider of financing solutions for the middle market, including one-loan financings (through the firm’s proprietary GOLD facility), senior, second lien and subordinated debt, preferred stock and co-investment equity. The firm also underwrites and syndicates senior credit facilities up to $200 million. Golub Capital’s hold sizes range from $10 million to $75 million per transaction. Golub Capital was ranked by Thomson Reuters Loan Pricing Corporation as the #1 Traditional Middle Market Bookrunner for 2009. For two years in a row, Golub Capital was named “Middle Market Lender of the Year” by Buyouts Magazine for achievements in 2009 and 2008. Other honors awarded to Golub Capital include being named “2009 Mezzanine Financing Agent of the Year” and “2008 Financing Firm of the Year” by M&A Advisor and “2008 M&A Lender of the Year” by ACG’s Mergers & Acquisitions. Golub Capital is a national firm with offices in Chicago, New York and Atlanta. For more information, please visit the firm’s website at www.golubcapital.com.
First Call Analyst:
FCMN Contact:
SOURCE: Golub Capital
CONTACT: Andy Steuerman, Senior Managing Director, +1-212-660-7280,
[email protected]
NEW YORK, Jan. 11, 2010 /PRNewswire/ — Golub Capital completed 2009 as the #1 traditional middle market bookrunner with 14 new transactions, the company announced today.
Golub Capital was ranked by Reuters Loan Pricing Corporation (LPC) as the leading senior lender for traditional middle-market leveraged buyouts for all of 2009, improving on its third-place showing in 2008. With 14 new transactions, Golub Capital closed more transactions than the #2 and #3 ranked senior lenders combined, who completed 7 and 5 deals, respectively.
Golub Capital was also named “Mezzanine Financing Agent of the Year” in September 2009 by M&A Advisor.
Greg Cashman, Senior Managing Director, stated, “Golub Capital’s industry leadership in one of the most difficult years for leveraged buyout financing in history is a testimony to our reliability and consistency in providing both capital and high-quality service to our clients. We believe a number of factors point to a favorable market environment ahead for middle-market financing and that Golub Capital’s reputation and track record as a trusted and valued partner and advisor will position us well to build on our standout performance in 2009.”
Sponsors in these 14 new transactions, many of which are repeat clients of Golub Capital, include:
-- Angelo, Gordon & Co. -- Atlantic Street Capital -- Arcapita -- Berkshire Partners -- Catterton Partners -- Cortec Group -- EdgeStone Capital Partners -- Friedman Fleischer & Lowe -- Linsalata Capital Partners -- The Riverside Company -- Sentinel Capital Partners and -- Wachovia Capital Partners
“Golub Capital’s continued strength through the economic downturn, as demonstrated in our climb up the league tables and our industry awards, is based on our close, long-term relationships with and unwavering loyalty to our clients,” said Andy Steuerman, Senior Managing Director. “The fact that we have so many repeat clients among our sponsors speaks to our ability to provide superior service, certainty of closing, competitive pricing and flexible, creative solutions in today’s complex marketplace.”
About Golub Capital
With $4 billion of capital, Golub Capital is a leading provider of financing solutions for the middle market, including one-loan financings (through the firm’s proprietary GOLD facility); senior, second lien, and subordinated debt; preferred stock; and co-investment equity. The firm also underwrites and syndicates senior credit facilities up to $200 million. Golub Capital’s hold sizes range from $10 million to $75 million per transaction. The firm was named “Middle Market Lender of the Year” or similar for achievements in 2008 by leading industry magazines Buyouts and Mergers & Acquisitions. Most recently, the firm was named “Mezzanine Financing Agent of the Year” in September 2009 by M&A Advisor. Golub Capital is a national firm with offices in Chicago, New York, and Atlanta. For more information, please visit the firm’s website at www.golubcapital.com.
First Call Analyst:
FCMN Contact:
SOURCE: Golub Capital
CONTACT: Andrew Steuerman of Golub Capital, +1-212-660-7280,
[email protected]