Golub Finances Thoma Bravo Acquisition
Golub Capital announced that as joint lead arranger, joint bookrunner and senior administrative agent, it provided a $195 million senior credit facility to support Thoma Bravo’s acquisition of PowerPlan.
“We believe PowerPlan is a leading enterprise-class provider with an extraordinary management team,” stated Spyro Alexopoulos, managing director at Golub Capital. “We are thrilled to be working yet again with our long-time partner and world-class sponsor Thoma Bravo.”
“Golub Capital provided a deep understanding of the industry and our execution strategy, which provided us with confidence they would deliver an effective financing solution,” said Peter Stefanski at Thoma Bravo. “Golub Capital once again exceeded our high expectations for a financing partner.”
Thoma Bravo is a private equity investment firm.
PowerPlan is an enterprise software company devoted to helping asset-centric businesses in the utilities, oil and gas, transportation, telecommunications, and mining industries optimize their financial performance.