NEW YORK, November 4, 2025 — Golub Capital acted as Administrative Agent, Left Lead Arranger and Joint Bookrunner on a unitranche facility to support Warburg Pincus’ acquisition of a majority stake in Keystone Agency Partners (“Keystone”). Terms of the deal were not disclosed.

Keystone is a leading insurance brokerage and agency network originally launched by Bain Capital in 2020. As part of the transaction, Bain Capital will retain a minority ownership interest in Keystone through a new investment from Bain Capital Insurance.

Golub Capital has been a lender to Keystone since 2021. The Firm has invested over $16 billion across more than 70 financial services portfolio companies.

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 $1 billion and arranges syndicated credit facilities up to $2 billion.

As of July 1, 2025, Golub Capital had over 1,000 employees and over $80 billion of capital under management, a gross measure of invested capital including leverage. The firm has offices in North America, Europe, Asia and the Middle East. For more information, please visit golubcapital.com.