Daily News: September 8, 2014

Golub Finances Acquisition of R.G. Barry by Mill Road

Golub Capital acted as administrative agent and joint lead arranger in providing an $85 million first lien term loan and $20 million second lien term loan to support the acquisition of R.G. Barry Corporation by Mill Road Capital. Golub Capital also structured an ABL revolver.

Pickerington, OH-headquartered R.G. Barry is a developer and marketer of branded accessory lifestyle products. The company offers footwear, handbags and foot care. R.G. Barry products are primarily sold in North America.

“The company’s leading marketshare in the footwear segment and long-term customer relationships provide a great foundation for growth in the broader accessories segment. Mill Road and management are adept at identifying and executing on these opportunities and we look forward to partnering with them to grow the business,” said Golub Capital Senior Managing Director Gregory Cashman.

“Golub Capital has proven to be a thoughtful and flexible financing partner on this and other transactions. They’ve once again demonstrated their acumen in structuring and syndicating a complex debt structure in a public to private transaction,” said Mill Road Managing Director Charles Goldman.