LONDON, May 7, 2024 — Golub Capital acted as Sole Lender on a recurring revenue facility to support Marlin Equity Partners’ investment in Treasury Intelligence Solutions (“TIS”). The proceeds will be used to refinance existing debt and fund strategic initiatives. Additional terms of the deal were not disclosed.
TIS is a cloud platform for treasury and finance teams to manage global payments, cashflow, security and compliance functions. The Company is based in Germany.
The recurring revenue facility is composed of a revolving credit facility and a senior term loan.
This is the first European transaction Golub Capital has completed with Marlin Equity Partners.
About Golub Capital Sponsor Finance
Golub Capital is a market-leading, award-winning direct lender and experienced credit asset manager. We specialize in delivering reliable, creative and compelling financing solutions to companies backed by private equity sponsors. The firm’s Direct Lending group provides buy-and-hold financing for sponsor-backed transactions with hold positions up to $700 million and arranges syndicated credit facilities up to $2 billion.
As of January 1, 2024, Golub Capital had over 875 employees and over $65 billion of capital under management, a gross measure of invested capital including leverage. For more information, please visit golubcapital.com.
About Treasury Intelligence Solutions (TIS)
TIS helps Chief Financial Officers, treasurers and finance teams transform their global cash flow, liquidity and payment functions. Since 2010, the award-winning cloud-native platform and robust service model have empowered the entire office of the CFO to collaborate more effectively and attain maximum efficiency, automation and control. With over 11,000 banking options, $80 billion in daily cash managed, and $2.7 trillion in annual transaction volume, TIS has a proven track record of combining our extensive market expertise with tailored client and community feedback to drive digital transformation for companies of all sizes and industries. For more information, please visit www.tispayments.com.
About Marlin Equity Partners
Marlin Equity Partners is a global investment firm with approximately $9 billion in capital commitments. The firm is focused on providing corporate parents, shareholders and other stakeholders with tailored solutions that meet their business and liquidity needs. Marlin invests in businesses across multiple industries where its capital base, industry relationships and extensive network of operational resources significantly strengthen a company’s outlook and enhance value. Since its inception, Marlin, through its group of funds and related companies, has successfully completed over 200 acquisitions. The firm is headquartered in Los Angeles, California, with an additional office in London. For more information, please visit www.marlinequity.com.