NEW YORK, March 22, 2017 — Golub Capital recently announced that as Sole Bookrunner, Sole Lead Arranger & Administrative Agent, it provided a GOLD facility to support the equity partnership of The Whitcraft Group (“Whitcraft”) and Greenbriar Equity Group (“Greenbriar”). GOLD financings are Golub Capital One-Loan Debt facilities.
The Whitcraft Group is an aerospace and defense manufacturer headquartered in Eastford, Connecticut. Whitcraft supports most of the world’s leading aero-engine and aircraft platforms through its long-term relationships with the top global aerospace OEMs and Tier 1 suppliers. Whitcraft’s industry-leading process innovations and manufacturing techniques support its extraordinary customer service, exceptional on-time delivery, and industry-leading quality.
“We are excited to continue our financing support of Whitcraft and partner with Greenbriar to help with the next phase of the company’s growth. Greenbriar and management both bring an exceptional level of expertise in the aerospace industry, and we look forward to helping them achieve and surpass their goals,” said Chip Cushman, Managing Director at Golub Capital.
“Golub Capital was able to provide us with a great level of certainty and a robust portfolio of solutions to complete this transaction. This was our first transaction with the Golub Capital team and we look forward to continuing to partner alongside each other,” said Noah Blitzer, Principal at Greenbriar.
Golub Capital’s Middle Market Lending group provides financing for middle market, private equity-backed transactions with hold positions of up to $400 million and is an arranger of credit facilities up to $750 million. Golub Capital’s award-winning team strives to establish long-term, win-win partnerships by providing dependable, fast and creative solutions that meet private equity sponsors’ and portfolio companies’ needs.
For more information on this transaction, read the press release.