Daily News: December 12, 2013

Golub Provides Facility to Support Unidine Refi

Golub Capital announced that it provided a $57.75 million senior credit facility to support Unidine’s refinancing, as sole bookrunner and administrative agent. Unidine was represented by Partnership Capital Growth.

“We believe that Unidine’s dedicated approach to using fresh ingredients and preparing meals “from scratch” is highly distinctive in the foodservice industry and resonates with customers,” said Brian Crabb, Managing Director at Golub Capital. “We are excited to partner with this exceptional management team and look forward to continuing to support the business through its next phase of growth.”

“Golub Capital provided a compelling financing solution and exhibited a deep understanding of the foodservice industry, which provided us with confidence they would deliver a sound execution,” said Richard Schenkel, founder, president and CEO of Unidine. “Golub Capital exceeded our high expectations for a financing partner.”

Founded in 2001 and based in Boston, Unidine is a food and dining management provider for senior living, hospital and business environments, with a concentration in the healthcare market.