Golub Capital announced that as joint lead arranger, joint bookrunner and senior administrative agent, it provided a $250 million senior facility to support the recapitalization of NetSmart by Genstar Capital.

“We are excited to continue our partnership with NetSmart and Genstar,” said Troy Oder, managing director of Golub Capital. “This is our fourth transaction in support of NetSmart, and our capital commitment to the company has increased significantly since we first became involved in 2010. We remain impressed with the strength of the management team, the Company’s exciting growth prospects, and Genstar’s impressive support of the platform.”

“Golub has been a consistent and reliable growth partner throughout our investment in NetSmart,” Said Roman Margolin, principal at Genstar. “We have been impressed with Golub’s responsiveness, efficiency and ability to provide flexible financing solutions capable of growing alongside our investments. We look forward to expanding our relationship with Golub in the future.”

NetSmart helps health and human services providers deliver outcomes-based care with NetSmart’s CareFabric solution, a framework of clinical and business solutions and services that supports integrated, coordinated delivery of health services across the spectrum of care.