NEW YORK, November 11, 2024 — Golub Capital acted as Administrative Agent, Left Lead Arranger and Joint Bookrunner on a $330 million unitranche facility for Crunch Fitness. Terms of the deal were not disclosed.
Crunch Fitness is a U.S.-based health club chain of over 450 franchised and corporate owned fitness clubs globally. It has been a portfolio company of TPG Growth since 2019.
The $330 million unitranche facility is composed of a $40 million revolving credit facility and a $290 million first-lien term loan.
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 $700 million and arranges syndicated credit facilities up to $2 billion.
As of July 1, 2024, Golub Capital had over 950 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.