Daily News: January 9, 2015

Golub Financing Supports J.W. Childs Buy

Golub Capital, as sole bookrunner and administrative agent, provided a GOLD financing to support the acquisition of Cycle Gear by J.W. Childs Associates. GOLD financings are Golub Capital’s One-Loan Debt facilities.

With 112 stores across 34 states, Cycle Gear sells a deep assortment of exclusive brands and leading third party offerings to the motorcycle apparel and accessories market. The company’s unique and engaging retail concept, with knowledgeable store staff, has captured leading mindshare among motorcycle riders and enthusiasts.

The company’s national footprint and strong brand assortment with compelling price points provide a great foundation for growth,” said Golub Capital Managing Director Spyro Alexopoulos.

“Golub provided a financing solution that offered certainty and efficiency to our process,” said Jeff Teschke, partner at J.W. Childs. “Their level of familiarity and experience in the specialty retail space facilitated a streamlined diligence process and path to closing. This represented our first transaction with Golub and we look forward to working with them again on future transactions.”

J.W. Childs is a Boston-based private equity firm.