Daily News: March 6, 2013

Golub Agents Facility to Support Sponsor Growth Financing

Golub Capital announced that as sole bookrunner and administrative agent it provided a GOLD debt facility to support the growth financing of Northern Brewer by Entrepreneur Partners. GOLD financings are Golub Capital’s one-loan debt facilities.

Northern Brewer is a multichannel retailer of home brewing and home wine making supplies. The company operates three retail locations in Minneapolis MN, Saint Paul MN, and Milwaukee WI, as well as a facility to fulfill orders across the entire country through its catalogs and website.

“Northern Brewer is the top retailer within the home brewing industry, and we are excited to support the company as it enters its next phase of growth. Entrepreneur Partners has proven to be a strong partner through their expertise within the direct marketing sector,” said Andy Steuerman, head of middle market lending at Golub Capital. “We are excited to partner with this exceptional senior management team and sponsor.”

“Golub Capital provided a compelling financing solution and exhibited a deep understanding of Northern Brewer, which provided us with the confidence they would deliver a sound execution,” said Salem Shuchman, managing partner at Entrepreneur Partners. “Golub Capital exceeded our high expectations for a financing partner.”