NEW YORK, June 30, 2023 — Golub Capital acted as Administrative Agent and Lead Left Arranger to finance Cinven’s acquisition of Archer from RSA Security, a portfolio company of Clearlake Capital Group, L.P. and Symphony Technology Group.
The financing will help support the long-term strategic growth of Archer’s integrated software platform as a standalone business following the initial carve-out from RSA Security. Cinven will work in close partnership with management to expand Archer’s presence in key markets and verticals across both North America and Europe.
“We are pleased to deepen our relationship with Cinven and support their investment in Archer, a leading provider of mission critical software,” said Hyun Chang, Managing Director at Golub Capital. “We look forward to seeing what Cinven and Archer achieve as they embark on this next phase of growth.”
Golub Capital has been a partner to Cinven since 2019. The Archer acquisition is the Firm’s first direct lending deal with the sponsor.
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 April 1, 2023, Golub Capital had over 800 employees and over $60 billion of capital under management, a gross measure of invested capital including leverage. The firm has lending offices in Chicago, New York, San Francisco and London. For more information, please visit golubcapital.com.
Archer is a leading provider of integrated risk management (IRM) solutions that enables customers to improve strategic decision-making and operational resilience with a modern technology platform that supports qualitative and quantitative analysis driven by both business and IT impacts. As a true pioneer in GRC software, Archer remains solely dedicated to helping customers manage risk and compliance domains, from traditional operational risk to ESG. With more than 20 years in the risk management industry, Archer’s customer base represents one of the largest pure risk management communities globally, with more than 1,200 customers, including more than 50% of the Fortune 500.
Cinven is a leading international private equity firm focused on building world-class global and European companies. Its funds invest in six key sectors: Business Services, Consumer, Financial Services, Healthcare, Industrials and Technology, Media and Telecommunications (TMT). Cinven has offices in London, New York, Frankfurt, Paris, Milan, Madrid, Guernsey and Luxembourg.
Cinven takes a responsible approach towards its portfolio companies, their employees, suppliers, local communities, the environment and society.
Cinven Limited is authorised and regulated by the UK Financial Conduct Authority. In this press release ‘Cinven’ means, depending on the context, any of or collectively, Cinven Holdings Guernsey Limited, Cinven Partnership LLP, and their respective Associates (as defined in the Companies Act 2006) and/or funds managed or advised by any of the foregoing.