NEW YORK, December 5, 2024 — Golub Capital acted as Administrative Agent, Left Lead Arranger and Joint Bookrunner on a $1.2 billion unitranche facility to support Apax Partners’ acquisition of a controlling stake in Veriforce from Thoma Bravo. Terms of the deal were not disclosed.
Veriforce is one of the world’s largest providers of integrated supply chain risk management solutions. Golub Capital has been Administrative Agent to Veriforce since Thoma Bravo acquired the company in 2019, and led two incremental financings to support Veriforce’s rapid growth through strategic acquisitions.
The unitranche facility is composed of a $80 million revolving credit facility, $792 million term loan, £290 million term loan and $100 million delayed draw term loan.
Golub Capital was uniquely positioned to lead the deal due to the Firm’s knowledge of the credit, and ability to lead multi-currency transactions.
Apax Partners will also use the financing to merge Veriforce with existing portfolio company Alcumus, a global leader in technology-led risk management and compliance solutions.
Golub Capital has completed three deals in the last twelve months and has five current portfolio companies with Apax Partners.
About Golub Capital Sponsor Finance
Golub Capital is a market-leading, award-winning direct lender and experienced private credit 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 $800 million and arranges syndicated credit facilities up to $2 billion.
As of October 1, 2024, Golub Capital had over 1,000 employees and over $70 billion of capital under management, a gross measure of invested capital including leverage. The firm has offices in North America, Europe and Asia. For more information, please visit golubcapital.com.