Daily News: August 28, 2014

Golub Finances Clearview’s Pyramid Refi

Golub Capital announced that as administrative agent and sole bookrunner it provided a $55 million GOLD financing to support the refinancing of Pyramid Healthcare by Clearview Capital. GOLD financings are Golub Capital’s one-loan debt facilities.

“Pyramid is a unique behavioral health business due to its history of providing high quality care and a full suite of treatment services,” stated Michael Mastropaolo, Director at Golub Capital. “Further, its leading local market share and identifiable brand name make it an exciting platform to support. We are excited to partner with Clearview and the management team to help continue to grow the business.”

“Golub Capital demonstrated its expertise in healthcare investing, providing a flexible yet definitive capital solution to support our needs,” said Matt Blevins, Principal at Clearview. “We are excited to have them as a partner as we continue to build on our existing platform.”

Pyramid Healthcare is a provider of behavioral health and substance abuse treatment services for adults and adolescents.