Daily News: September 18, 2014

Golub Provides Chase Doors Acquisition Financing

Golub Capital announced that as sole bookrunner, sole lead arranger and administrative agent it provided a GOLD financing to support the acquisition of Chase Doors by Audax Group.

GOLD financings are Golub Capital’s one-loan debt facilities.

“We are thrilled to partner with Audax and the exceptional Chase management team in our continued support of the business through its next phase of growth,” said Brian Crabb, managing director of Golub Capital. “Golub has been involved with the Chase business for several years and views the company as an outstanding operator across a diverse range of commercial door categories.”

“Golub provided a financing solution that offered certainty and efficiency to our process” said Brian Doherty, vice president at Audax. “Their level of familiarity with the business facilitated a streamlined diligence process and path to closing. We look forward to our partnership on Chase and to working with Golub again on future transactions.”

Chase Doors is manufacturer of high-quality, made-to-order specialty door systems.